How does a RDSP work? How much government money can you get? How is it taxed? Kevin and Clinton go through the details of the RDSP in this episode of Financial 15.
Clinton and Kevin are with Becker Orr Wealth Management and are both portfolio managers with Canaccord Genuity Wealth Management. Combined they have over 40 years of experience. In this episode they discuss:
0:00 Intro
0:50 What is a RDSP?
1:13 Why should you open a RDSP?
2:18 Who should open a RDSP?
2:59 Canada Disability Savings Bond
4:28 Canada Disability Savings Grant
6:38 What can you invest the RDSP in?
7:23 How is it taxed?
8:35 How do you get the money out?
Have a question or want to review your financial plan? Chat with us! Visit:
https://www.beckerorr.com/chat-with-us
How Does A RDSP Work? - Financial 15