Question: 1- Linda opened up an RDSP this year when she turned 17 years of age, and her parents contributed $5,000 to the RDSP. Her parent's
1- Linda opened up an RDSP this year when she turned 17 years of age, and her parents contributed $5,000 to the RDSP. Her parent's adjusted net family income for the last 10 years was $65,000 annually. What is the amount that can be carried forward from the last 10 years pertaining to the Canada Disability Savings bond?
2- Sheila rolled over assets from her RESP as she did not want to persuade post-secondary education. The amount rolled over this year from her RESP to the RDSP is $35,000. Sheila's net family income was below $98,000. What is the amount of Canada Disability Savings Grant she can receive this year as a result of the rollover?
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