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The province is supporting people living with disabilities through $1.35 million in funding.
Photo by Hannah Scott
Funding helps people with disabilities plan financial futures
Published 4:29 PDT, Thu June 2, 2022
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Hundreds of thousands of people living with disabilities will be supported with continued access to the Registered Disability Savings Plan (RDSP).
"We should all feel confident in planning for our future," said Nicholas Simons, Minister of Social Development and Poverty Reduction. "This investment supports organizations that work tirelessly in outreach and education, making sure people with disabilities have the tools and resources they need to make sound financial decisions."
With $1.35 million in provincial funding over three years, the Access RDSP partnership between the BC Aboriginal Network on Disability Society (BCANDS), Disability Alliance BC (DABC), and Plan Institute can provide eligible people with disabilities with the information and support they need to access the RDSP. The Vancouver Foundation will administer the funding.
For six years, the Access RDSP initiative has worked to address barriers to participation in the RDSP and Disability Tax Credit (DTC) by offering one-to-one support and workshops in communities throughout B.C. It has reached more than 6,000 families and is raising awareness of available resources. Free online tools, such as the RDSP calculator, the DTC eligibility tool, and the RDSP helpline help people with disabilities benefit from federal and provincial disability-related programs.
"I am ever so grateful for the professional help I received by DABC,” said one Disability Alliance BC client. “We sorted out my disability tax credit, of which I was physically unable to do on my own. This service is invaluable. The benefits available are hard to access without the knowledge and dedication of the advocates in the RDSP program, as the process is precise and complex, which means those with disabilities may not have the stamina to make their way through the applications."
The Plan Institute has an RDSP and Disability Planning Helpline that is available anytime from anywhere in Canada: 1-844-311-7526. The RDSP Helpline receives on average 200 inquiries per month about the RDSP program.
The online RDSP calculator and Disability Tax Credit eligibility tool have assisted more than 85,000 people with disabilities. The Access RDSP initiative's one-to-one supports have reached more than 1,300 people in B.C.
The online RDSP calculator can be found here: https://www.rdsp.com/calculator/
The online Disability Tax Credit tool can be found here: https://disabilityalliancebc.org/dtc-app/
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