For every $ 1 withdrawn from an RDSP, $ 3 of any CDSGs or CDSBs paid into the plan in the 10 years preceding the withdrawal must be repaid, up to the maximum of
the assistance holdback amount — which is generally defined as the total amount of bonds and grants paid into an RDSP within a particular 10 - year period.
Under the proportional repayment rule, only $ 1,800 of
the assistance holdback amount has to be repaid.
Under the 10 - year repayment rule, the entire
assistance holdback amount ($ 24,500) would have to be repaid.
The plan's
assistance holdback amount will be reduced to $ 22,700.
In 2015,
the assistance holdback amount for her plan is $ 24,500.
DAPs are subject to withdrawal rules — part or all of
the assistance holdback amount, the total of the grants and bonds that have been paid into the RDSPRDSP See Registered Disability Savings Plan.
Not exact matches
Here is the link to the Nonprofit
Assistance Funds, CSP, MACS study that states the unfair impact on
holdbacks to charters vs. traditional district schools.
** Includes Dealer
Holdback Allowance & Flooring
Assistance.