Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How does an issuer set up a disability savings plan specimen?

April 26, 2017disability issuer Plan savings specimen

0

Posted

How does an issuer set up a disability savings plan specimen?

1 Answer

0

Posted

The issuer must submit a copy of the terms of the specimen plan, including the declaration of trust and the application form, to the Registered Plans Directorate for approval. The terms of the plan must meet the requirements under section 146.4 of the Income Tax Act.