BETTER WITH MONEY LTD’s Post

Unlock the amazing advantages of the Registered Disability Savings Plan (RDSP)! Discover how the government can match every dollar you contribute, whether through the disability savings grant or the disability savings bond. They can contribute up to 3 dollars for every dollar you put in. This is a game-changer, especially for families with children facing disabilities and future challenges. The RDSP offers a massive opportunity to secure their financial future. Additionally, the RDSP provides tax-deferred growth on your investments, allowing your hard-earned money to grow without being taxed until withdrawal. Don't miss out on this incredible chance to secure your loved ones' financial well-being. Contact me today to learn more about the RDSP and how it can benefit you and your family. #RDSP #RegisteredDisabilitySavingsPlan #GovernmentContributions #FinancialFuture #TaxDeferredGrowth #FinancialWellBeing #InvestmentOpportunity #DisabilitySavingsGrant #DisabilitySavingsBond

Our latest article looks at how living with a disability may affect your finances, and how we can help. A look at the issues involved, the benefits available plus the financial support and advice we can offer. Read it here ⬇️ #disabilityawareness #financialplanning

Think the Disability Tax Credit (DTC) isn’t worth it without income? Think again! 🌟 The DTC offers crucial benefits that can bring financial relief for those with disabilities, like retroactive refunds, access to the Registered Disability Savings Plan, and more. It can even be transferred to a supporting family member to help reduce their tax burden. 💸 Daniel Carroll, Disability Finance Specialist™ at Hudson Wealth and Trust Planning Group Inc., explains why just about every person living with a disability should consider applying for the DTC. His insights are invaluable for anyone navigating the complexities of disability finance. 💼 Check out our latest blog to learn why it’s essential to have a disability finance expert on your team. Link 🔗 > https://lnkd.in/gUDHwRqM #DisabilityTaxCredit #DTC #DisabilityFinance #FinancialPlanning #HudsonWealthAndTrust #DisabilityAdvocacy #FinancialLiteracy

See why generational financial planning is a crucial concern for families that are caring for those with disabilities. We can help you. Please call me or more information!

Here's a quick-read post on the Ontario Rehab Alliance blog about the #DisabilityTaxCredit and why just about any Canadian living with a disability should apply.

Explore how ABLE and 529 accounts can ease the financial stresses of raising a child with disabilities with Winnie Sun. Eligibility for tax-advantaged savings and more. https://ow.ly/fUES30sAs31

Special Needs Trusts are used to set aside money or property for the benefit of an individual living with a disability. Outside of funding the costs of living, they are a powerful tool to preserve the individual's eligibility for federal and state government benefits, which can have asset and income limitations. SNT can assist in three primary ways: 1. Meet current cash flow needs and plan for the future 2. Preserve eligibility for means-tested state and federal benefits 3. Enhance quality of life Often times, the trustees are family members but there are numerous benefits to utilizing a third-party. If you have a loved one with a disability and looking to plan for the future, please reach out.

Applying for the disability tax credit can be a bit time consuming and will require help from your physician but can have many benefits for the lifetime of the disabled individual. Let's talk about how the DTC can be used as a part of your financial plan, DM or visit www.ClearWorthFinancial.ca to learn more and schedule a time to chat with us. #FinancialEducation #FinancialGoals #ClearWorthFinancial

Today marks the 1st #ABLESavingsDay, organized by the National Association of State Treasurers to promote financial empowerment for people with disabilities. Read the latest column in Forbes by CEO Mary Morris about how ABLE accounts provide a pathway to financial security. https://lnkd.in/gkDQzFc7

You may know about the benefits of special needs trusts for your loved ones with disabilities, but here is another option that you may not be familiar with. Did you know that ABLE accounts have a huge impact on government benefits and entitlement programs for individuals with disabilities? These tax-advantaged savings accounts allow people with disabilities to save money without risking their benefits. Call us at 434-465-2264 to learn more about the positive impact of ABLE accounts and how they could fit into your overall financial plan! www.arcuriassociates.com #disabilityawareness #ABLEaccounts #governmentbenefits