Re: Is this a disability?

[Anonymous]

Two things to be done here one is financial planning and taxes. You can go back as far as ten years for the disability tax credit. You can also use the RDSP and get up to $90,000. The RDSP is tax free (no deductions) but if you are under 49 years old the matching program is worth it. If you talk to the right people $20,000 can be turned into $164,000 (assuming a 3% rate of return) over twenty years.

The key here is you need an insurance company and the bank to work together. Not everybody can do this, only advisors who are involved with RDSPs and taxes know how to arrange this in general.

You may be leaving a lot of money on the table.

Go to http://www.disability-tax-credit.ca

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