Rethinking Disability

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Support Materials

Disabilities affect families physically, emotionally and financially. Dealing with these pressures can put added stress on the financial well-being of individuals, their families, and caregivers.

With the incidence on the rise as our population ages, disability should be a concern and a shared responsibility for all. Explore the resources available here to inform discussions about improving the financial well-being of clients living with disabilities, or providing care for those with disabilities.

Top challenges to financial well-being

  1. Lack of tax relief: Educate your clients about government grants and tax credits
  2. Lack of financial support: Develop a financial plan, decision making directives, insurance alternatives for clients
  3. Lack of accessible information: Use resources to educate and shape important discussions with clients

Communicate Your Value

  • Seize opportunities: Providing advice and support to a disabled person or caregiver to help them deal with financial pressures resulting from a disability enhances your value as a trusted advisor
  • Assist your clients in preparing an effective action plan: Help clients understand and maximize social benefits and tax credits. Utilize financial tools to improve financial well-being. Develop and implement a customized financial plan.

Get in the know

Disability is defined as visible or non-visible health or aging issues that interfere with daily activities:

  • Help clients with disabilities secure their financial futures and benefit from government benefits and tax credits.
  • Help clients who are caregivers learn about available services, and how to plan for succession of care.
  • Registered Disability Savings Plans (RDSPs): Tax-deferred savings plans designed to improve the financial security of anyone eligible for the disability tax credit (DTC).
  • Government contributions of up to $4,500 are available annually to match beneficiary and family contributions.

Support Materials

Client Communications

Essential Reading

Key Resources

Insurance

Caregiving

Trusts

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