Rumour Has It ...

Rumour has it that both TD Canada and Scotiabank will soon be offering Registered Disability Savings Plans (RDSPs).

With Royal Bank of Canada, Bank of Montreal, and CIBC all offering RDSPs to their clients, many have wondered when TD Canada Trust and Scotiabank would be offering the plans. According to a number of sources, it sounds like both financial institutions will begin offering RDSPs sometime in the fall of 2009.

With the December 31st deadline for the 2009 Grant and Bond fast approaching, these financial institutions will most likely begin offering the plan well before the deadline to ensure their clients do not miss out on 2009 federal contributions. As soon as TD Canada Trust or Scotiabank officially announce the launch of their products an update will be sent.

Which, I know for a fact, will make some of our regular readers happy.

And, just for the record, let's not forget that December 31st deadline for the 2009 Grant and Bond.