RDSP for VETS

wow teen i think you should apply again i know its a pain in the hoop but it cant possibly hurt could it.i know some that tried a few times before getting it.
propat

Believe it or not I am permanently disabled in SISIP's eyes, I am permanently disabled in CPP D's eys BUT Canada Revenue Agency says I am not. Why? I can walk 100 meters. Terrain and temperature are not factors and oh if I can walk it in under an hour that's good too.

Well in the immortal words of that great poet and singer Meatloaf...Two out of three ain't bad.

i hope you do peep.
propat

Ya, that's where I planed on putting the money if I ever get any

you are correct teen you do need to qualify for the tax credit witch is another good ting to apply for dchd and liver if you havent already.
propat

Correct me here but to qualify to contribute to a RDSP you have to be eligible for the disability tax credit so though your idea is good that is one restriction

Were maxed out on the TFSA but the rates are so low now 1.05 or something like that i liked it better at 3 %. Anyway i have to look into this RDSP you think someone would let you know keeping us in the dark. My fault i usally look into things like this but never seen it. Thanks

Chimo

liver rdsp is registard disability savings plan.
oops sory about the tfsp its tfsa thats tax free savings account.
propat

what is RDSP and tfsp???

i recomend this to all when you get your retro if you have any left you can go back to 2008.
propat

i plan to role over 10 year old funds to the tfsp and then as navrat eluded to prior to age 67 somthing ehhhmmm lets just say less visable.
propat

the part you contribute is tax free however the ammount the goc puts in and the interest you make is taxable.
propat

i belive this program started in 2008 and if you have missed on contributing to it you can go back that far if you wish right now.
propat

For me , try to have as little paper assets as possible at age 67, too many clawbacks, and if you need nursing home care, the goc takes all your money anyway. Buy gold, hide it , tell no one, nothing on paper

old sailor im not sure what your getting at?i have contributed to my rdsp since it was first offered.
propat