The “Big Five” Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
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May 25 Update: Muir Autograph Collection Halifax will be a Category 6 hotel, discussing unused miles & points plus reduced redemption rates for Amex prepaid cards May 26th
Here's your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and travel news, bonuses, deals and more. This update is brought to you by the HSBC World Elite Mastercard which is currently offering a welcome bonus of up to 70,000 bonus points a.... More »
April 15 Update: Earn 3x Aeroplan Miles at Coast Hotels until the end of June, 20% bonus Avios on your first British Airways eStore purchase and WestJet cuts 5 domestic routes + MORE Apr 15th
A reminder of a bonus offer we let you know about quite a few weeks that just launched this past Monday. That offer is for 3x Aeroplan Miles when you stay at Coast Hotels until June 30. I know many of you aren't travelling but if you do have some essential travel and Coast Hotels are somewhere you.... More »
RWRDS Daily Update – November 21 + MORE Nov 22nd
Here’s your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Air Canada adding onboard Live TV to inflight service Starting today Air Canada will begin offering Live TV onboard select domestic flights. There will be six sport.... More »
The best no foreign transaction fee credit cards in Canada for 2023 + MORE Nov 1st
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The best no foreign transaction fee credit cards in Canada for 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
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RWRDS Daily Update – December 16 Dec 17th
Confirmed American Express Cobalt Card Multipliers in Japan and save 10% on Rodd Hotels & Resorts Gift Cards. Check out today's points and miles updates here:
The post RWRDS Daily Update – December 16 appeared first on Rewards Canada..... More »
Federal election 2019 roundup: Scheer proposes children's tax credit, while Trudeau promises daycare funding – National Post
– news.google.ca
Federal election 2019 roundup: Scheer proposes children’s tax credit, while Trudeau promises daycare funding National PostWhy isn’t CBC News calling Justin Trudeau prime minister? Your Week 1 election questions CBC NewsQuebecers ‘Like To Fall In Love,’ So Which Candidates Will Win Their Votes? HuffPost CanadaKelly McParland: Singh’s impossible promises can still hurt Trudeau National PostLILLEY: Conservatives resonating with women Toronto SunView full coverage on Google News
Federal election 2019 roundup: Scheer proposes children's tax credit, while Trudeau promises daycare funding – National Post
– news.google.ca
Federal election 2019 roundup: Scheer proposes children’s tax credit, while Trudeau promises daycare funding National PostWhy isn’t CBC News calling Justin Trudeau prime minister? Your Week 1 election questions CBC NewsQuebecers ‘Like To Fall In Love,’ So Which Candidates Will Win Their Votes? HuffPost CanadaKelly McParland: Singh’s impossible promises can still hurt Trudeau National PostLILLEY: Conservatives resonating with women Toronto SunView full coverage on Google News
Complete Guide to the Registered Disability Savings Plan (RDSP)
– canadianfinanceblog.com
The Registered Disability Savings Plan, or RDSP, is a tax-sheltered investment account that allows parents or guardians of disabled children to save for their child’s future. The individual opening the account is known as the planholder, while the disabled person is the beneficiary. The beneficiary can also act as the planholder.
In this article, I’ll cover everything you need to know before opening an RDSP and tell you where you can go to open an account and begin contributing.
Who is Eligible for the RDSP?
To qualify as a beneficiary for an RDSP, an individual must meet each of the following criteria:
In this article, I’ll cover everything you need to know before opening an RDSP and tell you where you can go to open an account and begin contributing.
Who is Eligible for the RDSP?
To qualify as a beneficiary for an RDSP, an individual must meet each of the following criteria:
Must be eligible for the disability tax credit (DTC);
Be a resident of Canada at the time the plan is opened;
Have a valid SIN; and
Be under the age of 60
How do RDSP Contributions Work?
The lifetime contribution limit into an RDSP is $200,000. There is no annual limit, but any contributions made during the life of the plan will reduce the remaining lifetime limit. Contributions can be made until the end of the year in which the beneficiary turns 59…
