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EU Clamps Down on Russian Travel with Stricter Visa Rules

                                      EU tightens rules for multiple-entry Schengen visas for Russian passport holders The European Union has introduced tougher visa restrictions for Russian nationals, ending the practice of granting multiple-entry permits. Under the new rules, Russians will need to apply for a fresh visa each time they wish to enter the bloc. Officials say the change is aimed at tightening security and preventing misuse of travel privileges. The move comes amid heightened concerns over migration, sabotage, and other risks linked to Russia’s ongoing conflict with Ukraine. Exceptions will remain in place for certain groups, including dissidents, independent journalists, human rights defenders, and family members of EU citizens. Transport workers may also qualify for short-term multi-entry visas to keep essential services running. EU leaders emphasized that tr...
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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  • Tax-Deferred Growth: Investments inside the RDSP grow tax-free until funds are withdrawn, allowing savings to compound over time.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 of dollars in government contributions and a secure financial foundation for the beneficiary’s long-term needs.

In short, while the RDSP may demand patience and persistence, it remains one of the most impactful ways to build financial security for Canadians with disabilities.


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