The Newfoundland and Labrador Disability Benefit includes: Up to $400 per month to those who qualify ($4,800 annually), beginning in July 2025. The monthly amount is available for Persons with Disabilities between the ages of 18-64 who qualify for the Government of Canada’s Disability Tax Credit (DTC). Income thresholds for this monthly benefit are between $29,402 and $42,404 for individuals and couples where one person is in receipt of the DTC, and between $29,402 and $55,404 for couples where both are in receipt of the DTC. Individuals and couples with incomes within these thresholds will receive a partial benefit amount, while those with incomes below $29,402 will receive the full $400 benefit.
A $1,200 annual contribution to the Person’s Registered Disability Savings Plan (RDSP). This will begin in 2025. Qualifying persons must have a DTC and RDSP in place before this contribution can be made. They must also be between the ages of 18-49. Individuals and couples where one person is in receipt of the DTC with incomes below $42,404 will receive the full $1200 annual contribution. By contributing to the RDSP, the Government of Newfoundland and Labrador is contributing to the long-term financial security of persons with disabilities.
Source: https://www.gov.nl.ca/sswb/newfoundland-and-labrador-disability-benefit/
A $1,200 annual contribution to the Person’s Registered Disability Savings Plan (RDSP). This will begin in 2025. Qualifying persons must have a DTC and RDSP in place before this contribution can be made. They must also be between the ages of 18-49. Individuals and couples where one person is in receipt of the DTC with incomes below $42,404 will receive the full $1200 annual contribution. By contributing to the RDSP, the Government of Newfoundland and Labrador is contributing to the long-term financial security of persons with disabilities.
Source: https://www.gov.nl.ca/sswb/newfoundland-and-labrador-disability-benefit/
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