Plain English Finance
The Plain English Finance podcast is hosted by Tré Bynoe CFP® CIM®, a financial planner with TCU Wealth Management and Aviso Wealth.
While Tré specializes in working with families with more complicated finances, typically involving corporations and trusts, this podcast is for anyone wanting to learn how to make high-quality decisions based on evidence, to give themselves the highest likelihood of financial success.
You should always consult with your financial, legal, and tax advisors before making changes.
This podcast is provided as a general source of information and should not be considered personal investment advice or solicitation to buy or sell any securities.
The views expressed are those of the individual and are not necessarily those of Aviso Financial Inc.
Mutual funds and other securities are offered through Aviso Wealth, a division of Aviso Financial Inc.
Plain English Finance
Ep. 16 | Why Most Canadians Miss Out on Free Money Through RDSPs
https://www.rdsp.com/calculator/ - Link
Most Canadians eligible for the RDSP have never opened one. That’s a costly mistake.
In this episode, Tré breaks down why the Registered Disability Savings Plan is one of the most powerful but underused tools available to Canadians with disabilities. If you or someone you care about qualifies for the Disability Tax Credit, this account could be life-changing.
Even with zero personal contributions, low-income Canadians can receive up to $20,000 from the government — and that’s just the start.
You’ll learn:
- Who qualifies for an RDSP (and why it's simpler than you think)
- How to get up to $90,000 in government grants and bonds
- Why investing early can turn $20K into over $390K — or even $2.6 million
- The key age cutoffs you need to know
- How to open an RDSP (and where most people get stuck)
Know someone who qualifies? Share this episode. It could fund their entire retirement.
