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In The Media |
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New Registered Disability Savings Plan (RDSP) If you qualify as there are restrictions, and open a RDSP before the end of December 2008. The government will provide $3 for every dollar of the first $500 invested and $2 for every $1 contributed on the next $2000 for a total of $3500 a year. Contributions grow on a tax deferred basis and there is no restrictions on when the funds can be used, or for what purpose. You must be eligible for the Disability Tax credit to establish a RDSP. You should check with your financial institution of financial advisor for complete details. We have a couple articles for information located here RDSP Info #1 and RDSP Info #2 This web link also has some details: www.rdsp.com
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