CFP® certificants: This course qualifies for 3.0 FPSC-approved CE credits in the Financial Planning category.
Life Agents (provincial requirements): 3 hours in BC, SK, ON, AB (AIC# 51855 - 3 hours Life, 3 hours A & S);
FORMAT: Written course notes in PDF format (read them online or print them). You must complete an online Course Quiz to obtain CE credits.
COURSE DESCRIPTION: Extensively updated and expanded for 2017!
Many parents who have a child with a disability worry about that child's future well-being, and how to provide for their long-term security after the parents' deaths. The introduction of Registered Disability Savings Plans (RDSPs) in late 2008 and the accompanying government incentives give these families a new tool to help plan for that security. Program enhancements over time make these programs even more flexible.
However, the uptake on these plans has been slow, partly because many advisors simply do not know how they work – and that’s where our RDSP Course comes in. Advisors who complete this course will be able to:
- explain what an RDSP is, and help a client determine if they or a family member are eligible to be the beneficiary of one of these plans
- understand the contribution rules, and explain how the government incentives work
- help a client maximize the benefits their RDSP can receive under these incentive programs
- understand the types of payments that can be made from an RDSP, calculate the maximum payments, and explain how these payments are taxed
PUBLISHED: October 2017
AUTHOR: Roxanne Eszes, CFP®
NOTE: You have one year from time of purchase to complete this course.
FPSC and FPSC CE Credit logo are registered trademarks of the Financial Planning Standards Council
I just wanted to say the course was excellent! In 3 hours I learned a lot about the RDSP and feel much more comfortable talking to potential clients about this. Even sent off 4 letters today to let clients know I'm ready to discuss with them! Thank you very much for offering. Great content and quizzes were challenging but made me learn. Exam was fair. This was definitely worth the money and more!! The course made a complex new savings plan much more understandable.
Anni Markmann, CFP, CSA, MGI Financial Inc