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RDSP: A Complex Pathway to Long-Term Security

  The Registered Disability Savings Plan (RDSP) is often described as one of Canada’s most powerful yet underutilized financial tools. Designed to help people with disabilities and their families save for the future, the RDSP comes with unique benefits that make its administrative hurdles worthwhile. At its core, the RDSP offers two major advantages: Government Grants and Bonds : Eligible contributions can be matched by the federal government through generous grants, and low-income beneficiaries may also qualify for bonds—even without personal contributions. Tax-Deferred Growth : Investments inside the RDSP grow tax-free until funds are withdrawn, allowing savings to compound over time. The paperwork, eligibility rules, and withdrawal restrictions can feel daunting. Families often face challenges navigating the application process, understanding contribution limits, and planning around complex withdrawal rules. Yet, for those who persist, the payoff is significant: thousands...

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Tragic Plane Crash in South Korea Claims 179 Lives

In a devastating incident, a Jeju Air flight from Bangkok, Thailand, crash-landed at Muan International Airport in South Korea, resulting in the deaths of 179 people. The Boeing 737-800, carrying 175 passengers and six crew members, skidded off the runway and burst into flames after colliding with a wall.

The crash occurred shortly after 9 a.m. local time, with initial reports suggesting that a bird strike and adverse weather conditions may have contributed to the accident. The tail section of the plane remained somewhat intact, allowing rescuers to pull two crew members from the wreckage, who are now being treated for injuries.

This tragic event marks the deadliest air accident in South Korea's history and has left the nation in mourning. Authorities are conducting a thorough investigation to determine the exact cause of the crash.

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