Disabled people aren't maximizing tax breaks - MoneySense

Disabled people aren’t maximizing tax breaks

Many aren’t taking advantage of the Disability Tax Credit or RDSPs.

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Many disabled people aren’t taking advantage of all the tax breaks they are offered, according to a story on Yahoo Canada Finance. The disability rate in Canada is rising, and one in seven people in Canada now has a disability. But many aren’t taking advantage of the Disability Tax Credit, or the relatively new Registered Disability Savings Plan, which acts like and RESP and allows investments to grow tax-free until the money is withdrawn.

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