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Winner of Aug 15 Registered Disability Savings Plan Contest

London Drugs and PLAN announce winner of August 15 Registered Disability Savings Plan contest Surrey family to receive $1500 RDSP


SURREY, BC, September 22, 2009 – London Drugs and Planned Lifetime Advocacy Networks (PLAN) are pleased to announce Ashley Hauser of Surrey as the winner of the August 15th Registered Disability Savings Plan (RDSP) contest. Ashley will receive a $1,500 contribution towards her RDSP. Launched December 2008 as the first of its kind in the world, this tax-deferred savings vehicle will assist families in planning for the long-term financial security of their relatives with disabilities. It is a savings plan similar to a Registered Educational Savings Plan, however designed specifically for people with disabilities in Canada.

“London Drugs is very proud to partner with PLAN on this first-of-its-kind initiative for families with disabilities,” said John Tse, vice president Pharmacy. “At London Drugs we recognize the importance and value of this savings plan and are pleased to give families the opportunity to win a $1,500 RDSP contribution.”

A RDSP allows anyone already eligible for a disability tax credit to invest savings tax-free until withdrawal, up to a lifetime limit of $200,000, and friends and family members can also contribute to a loved one’s RDSP. The federal government has also created the Canada Disability Savings Grant and the Canada Disability Savings Bond as an incentive to set up and contribute to a RDSP.

PLAN’s Director of Social Enterprise, Kristi Fairholm Mader (left) joined London Drugs Store Manager Bob Thompson (right) to present Ashley Hauser (centre) and her parents Brenda and Dwayne Hauser with a $1,500 contribution to a RDSP

“We are excited to be partnering with London Drugs on this RDSP contest and distribution of our Safe and Secure: RDSP Edition books,” said PLAN Executive Director Jack Styan. “The contest amount of $1,500 could translate into a deposit of $4,500 to a family member’s RDSP depending on the income level of the family as outlined by the government matching program. We want to encourage everyone with a family member who has a disability to enter the final contest and to begin donating to a family member’s RDSP.”

The final draw occurs October 15, 2009. British Columbians with a disabled family member can visit any London Drugs Pharmacy to obtain the new, B.C.-specific Safe and Secure: RDSP Edition book. The book offers helpful information related to disability benefits, taxation, trusts, Representation Agreements, wills, estate planning and the new Registered Educational Savings Plan. The PLAN RDSP contest sponsored by London Drugs is open to all residents of British Columbia who are eligible to set up a RDSP (for eligibility requirements see www.rdsp.com/how.html). Prizes must be accepted as awarded and are non-transferable with no substitutions permitted.

ABOUT LONDON DRUGS
Founded in 1945, B.C.-based London Drugs currently has 70 stores in more than 35 major markets throughout British Columbia, Alberta, Saskatchewan and Manitoba. Renowned for its creative approach to retailing, the company employs more than 7,500 people and carries a diverse range of health and consumer electronic products. With its strong commitment to innovation and customer appreciation, London Drugs has established itself as a reputable and caring company and continues to position itself for future growth and development.

ABOUT PLAN
PLAN was founded in 1989 to assist families to plan for the future of their disabled relative. A family-directed organization that focuses on the social and financial well-being of people with disabilities, PLAN's services include will & estate planning, home options, advocacy, policy reform and building personal networks of support and friendship. PLAN developed the RDSP model and was the primary advocate for its successful adoption by the Federal Government.

 

For more information or to arrange an interview, please contact:

Cynnamon Schreinert, London Drugs Media Relations
Tel: 604-802-2733
E-mail: cynnamon@shaw.ca

Kristi Fairholm Mader, PLAN Director of Social Enterprise
Tel: 604 -439-9566
E-mail: kfmader@plan.ca

 

Posted September 22, 2009

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