The Registered Disability Savings Plan (RDSP) sets your loved one on the path to long-term financial security. It can give them (and their family) the comfort of knowing they’ll be supported, no matter where life takes them. Thanks to our new partnership with New Outlook Wealth, Brematson can make this happen.
We looked at many different financial advisory practices before establishing our partnership with New Outlook Wealth. They have a demonstrated and proven experience in establishing RDSPs. Like us, they believe people with disabilities can and should have a financial planner to work with them, their families, and caregivers to provide a holistic financial plan regardless of their socio-economic background or current savings.
The RDSP is a tool for financial security that has been underutilized for many years. Though it was approved by the government in 2006, it has unfortunately not been embraced by many financial advisors partly because of misconceptions about the product.
Brematson was determined to provide our clients access to financial professionals who have a track record of making a real difference to the lives of people with disabilities. Educating people with disabilities and their families on their financial security options is one of the many services we have historically championed and pride ourselves on.
New Outlook Wealth works with families to ensure that their disability benefits and programs are integrated into their broader financial plan. This includes strategies to manage debt, cashflow, retirement, insurance, tax, and estate planning.
Our collaborative partnership offers people with disabilities a comprehensive approach to financial planning, including various federal government disability benefits and tax credits. These may include the RDSP, the Disability Tax Credit (DTC), and others. Filling this gap means much more than financial planning services – it creates a plan for the future, allowing you and your loved one to look forward to what’s ahead.
Registered Disability Savings Plans can be an excellent way to ensure a family member has financial security after you’re gone.