Funding helps people with disabilities plan for their financial future
Hundreds of thousands of people with disabilities will benefit from continued access to the Registered Disability Savings Plan (RDSP).
“We should all be confident in planning for our future,” said Nicholas Simons, Minister of Social Development and Poverty Reduction. “This investment supports organizations that work tirelessly in the area of awareness and education, ensuring people with disabilities have the tools and resources they need to make wise financial decisions.
With provincial funding of $1.35 million 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 the support they need to access the RDSP. The Vancouver Foundation will administer the funding.
For six years, the Access RDSP initiative has worked to remove barriers to RDSP and Disability Tax Credit (DTC) participation by providing one-on-one support and workshops in communities across Colombia. -British. She has reached more than 6,000 families and raises awareness of available resources. Free online tools, such as the RDSP Calculator, DTC Eligibility Tool and RDSP Helpline, help people with disabilities access federal and provincial disability-related programs.
The government is committed to improving the lives of people with disabilities across British Columbia and supporting organizations that are helping to build a more inclusive and accessible future for all.
Dan Coulter, Parliamentary Secretary for Accessibility –
“Building a barrier-free BC means embedding accessibility into all aspects of our lives – and that includes financial literacy. We know that people with disabilities have been disproportionately impacted over the past two years, which means it’s more important than ever to have accessible, easy-to-use resources for making financial decisions.
Neil Belanger, Executive Director, BC Aboriginal Network on Disability Society –
“Helping individuals and families access the Registered Disability Savings Plan has been a highlight for our organization. With the support of the Department of Social Development and Poverty Reduction, the RDSP Action Group and our RDSP program partners, we have seen firsthand the positive impact on people with disabilities and their families so start their journey to greater financial security by opening an RDSP.
Stephanie Debisschop, Executive Director, Plan Institute –
“Plan Institute is delighted to continue the important work of reducing poverty for people with disabilities through access to the RDSP. Support from the Ministry of Social Development and Poverty Reduction allows us to work effectively within our communities and provide meaningful support to reduce the barriers that far too many British Columbians face.
Helaine Boyd, Executive Director, Disability Alliance BC –
“The RDSP Access program helps people with disabilities apply for and receive disability-related benefits, including the Disability Tax Credit, and get set up with an PDSP. By helping people through these application processes, he has improved access for people with disabilities to receive the benefits to which they are entitled, resulting in greater financial security and better planning for the future.
Disability Alliance BC Client –
“I am very grateful for the professional help I received from DABC. We settled my disability tax credit, which I was physically unable to do on my own. This service is invaluable. Benefits available are difficult to access without the knowledge and dedication of RDSP program advocates, as the process is precise and complex, meaning people with disabilities may not have the stamina to navigate through applications .
- The Institut du Plan has an RDSP and Disability Planning Helpline that is available anytime from anywhere in Canada: 1-844-311-7526.
- The RDSP Helpline receives an average of 200 inquiries per month about the RDSP program.
- The online RDSP Calculator and Disability Tax Credit Eligibility Tool has helped over 85,000 people with disabilities.
- Individual supports from the Access RDSP initiative have reached over 1,300 people in British Columbia
The online RDSP calculator can be found here: https://www.rdsp.com/calculator/
The Disability Tax Credit online tool is available here: https://disabilityalliancebc.org/dtc-app/
Information about BCANDS’ Aboriginal Registered Disability Savings Plan navigation services can be found on their website: http://www.bcands.bc.ca/access-rdsp-change-your-tomorrow-today-bcands -indigenous-registered-disability-savings-plan-navigation-services/
The DABC website has more information about Access RDSP: https://disabilityalliancebc.org/access-rdsp/
Learn more about Plan Institute’s RDSP access services: https://planinstitute.ca/resources/access-rdsp/
Accessibility in British Columbia: gov.bc.ca/accessibility
See a short video promoting Accessibility Week: https://youtu.be/A4AXJ4ZE7yg