Registered Disability Savings Plan
Tax Planning

Contributions to a RDSP

Contributions to a RDSP, Registered Disability Savings Plan, have a lifetime limit of $200,000 but no annual limit amount. Contributions into a RDSP are not limited only to the plan holder. With written permission from […]

Graduating School
Tax Planning

Withdrawing from a RESP

When withdrawing from a RESP, you should remember that withdrawing can either be for school purposes or non-school purposes. Each course has it’s own consequences. In order for a beneficiary to proceed withdrawing from a […]