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Difference between revisions of "Financial Help for People with Disabilities"
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Financial Help for People with Disabilities (view source)
Revision as of 00:05, 19 December 2014
, 00:05, 19 December 2014→Tax breaks
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This federal grant/bond program provides up to $4,500 in free grants/bonds a year, with a savings deposit of $1,500 each year. Anyone under 60 who is eligible for the disability tax credit can establish an RDSP. For a disabled child, the parent or guardian can set up the RDSP. The RDSP is a way for a person or child with a disability and their families to save for the future. | This federal grant/bond program provides up to $4,500 in free grants/bonds a year, with a savings deposit of $1,500 each year. Anyone under 60 who is eligible for the disability tax credit can establish an RDSP. For a disabled child, the parent or guardian can set up the RDSP. The RDSP is a way for a person or child with a disability and their families to save for the future. | ||
===Tax breaks=== | ===[http://www.cra-arc.gc.ca/disability/ Tax breaks]=== | ||
Several tax benefits are available to people with disabilities, including the disability tax credit. The Canada Revenue Agency website has details. | Several tax benefits are available to people with disabilities, including the disability tax credit. The Canada Revenue Agency website has details. | ||