RDSP Explained Everything You Need To Know About The Registered Disability Savings Plan

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=YLpAmFcQ38g

The registered disability savings plan (RDSP) is a registered investment account in Canada that lets you invest money and receive government contributions if you have a disability. You have to be eligible for the Disability Tax Credit in order to open up an RDSP, but what's crazy is that less than one third of Canadians eligible for an RDSP actually have one - and if that's you, you're literally missing out on thousands of free dollars a year! In this video we'll break down how that works and everything that you need to know about the RDSP. • Check out the CDIC website for more information about deposit protection and RESPs - https://www.cdic.ca/ • 0:00 What is an RDSP? • 0:46 Who's eligible for an RDSP? • 1:53 Benefit 1: The RESP is an investment account • 2:54 Benefit 2, Part 1: Canada Disability Savings Grant • 4:25 Benefit 2, Part 2: Canada Disability Savings Bond • 5:10 You can carry forward unused grants bonds • 6:33 Withdrawing money from your RDSP • 7:46 There's an exception for 5 year life expectancy • 8:42 How CDIC protects your deposits • ➡️ Simplii Financial - Our No Fee Checking Account (up to $400 bonus) - https://api.fintelconnect.com/t/l/65a... • ➡️ EQ Bank - Our High Interest Savings Account - https://click.linksynergy.com/fs-bin/... • ➡️ Wealthsimple Invest - Our Robo-Advisor Investment Platform ($25 bonus) - https://wealthsimple.sjv.io/vnkndW • ➡️ Wealthsimple Trade - Our Favourite Stock Trading Platform ($25 bonus) - https://wealthsimple.sjv.io/yRARNB • ➡️ Neo Financial - Our Cash Back Credit Card - https://join.neo.cc/stephandden • ➡️ Questrade - Low Fee Investment Platform Canada ($50 in commission free trades) - https://questrade.sjv.io/AWa9jo • ➡️ Borrowell - Free Credit Score Check - https://api.fintelconnect.com/t/l/612... • The links above are affiliate and/or referral links that provide us compensation when you use them to sign up. Thank you for supporting our channel! • Website - stephandden.com • Instagram - @stephandden • TikTok - @stephandden • Camera - Sony A6400 - https://amzn.to/2vsmDqc • Lens - Sigma 16mm - https://amzn.to/2vslvCV • Microphones - https://amzn.to/2tSa3jQ • Tripod - https://amzn.to/37EAibU • Small Tripod - https://amzn.to/2S3dWul • External Hard Drive - https://amzn.to/3mQzMlP • Our Music - https://www.epidemicsound.com/referra... • The links above are affiliate links - Steph Den are Amazon Associates and we earn from qualifying purchases. • Disclaimer - This content is for education and entertainment purposes only. Steph Den do not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.

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