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BFC Black Stock Financial Corporation

Investments for the Opportunities... Insurances for the Unexpected

Registered Disability Savings Plan (RDSP)

The Registered Disability Savings Plan (RDSP) is a Canada-wide registered matched savings plan specific for people with disabilities. Here are some basics:

  • Triple your Money! For every $1 put in an RDSP account, the federal government can (if your family income is below $87,123) match with up to $3! This is the Canada Disability Savings Grant.
  • For people living on a low-income (less than $25,356), the federal government will put in $1000 each year for 20 years! This is the Canada Disability Savings Bond.
  • For people living on an income between $25,356 – $43,561, they can still receive a partial bond.

Anyone can contribute to an RDSP- family, friends, neighbours… it gives people who want to help a way to do so!

The money can be invested to grow- we have heard that it is the best Return on Investment available. Depending on someone’s income, any money saved immediately triples in value. Once investment decisions are made, it can really start to grow!

The RDSP is exempt from most provincial disability and income assistance benefits. It does not get clawed back and it does not reduce disability benefits payments. Click here to find out how your province treats the RDSP.

People with disabilities can choose what to do with the money when it comes out- there are no restrictions on how the money can be spent!

Please contact us so we can get together and take a closer look at the amazing opportunity available with RDSP’s !

Contact Us Today!

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Universal Life Insurance

Universal life insurance provides permanent life insurance protection with a tax-advantaged investment component for the more confident investor in you. Similar to a Tax-Free Savings Account. As your cash value builds, you can use it to pay off the cost of your insurance. Universal life insurance helps to protect your assets and increase your … Read More about Universal Life Insurance

A Bit About Us

Black Stock Financial Corporation is a financial services firm in Parry Sound, dedicated to helping our clients meet their personal, professional, and business related financial objectives.

David Brunton: View My Blog Posts

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