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RDSP – Registered Disability Savings Plan

Information regarding Long-Term Financial Support for Canadians with Disabilities

A RDSP (Registered Disability Savings Plan) is a government-registered account designed to help Canadians with disabilities and their families build long-term financial security. Contributions grow tax-deferred, and the government adds matching grants and bonds to support your savings. This platform provides resource for Canadians to understand how to plan and invest in RDSPs.

What Is a RDSP?

The RDSP is a savings tool that can help provide support for future expenses and financial planning.

Tax-Deferred Growth

All investment earnings grow tax-deferred until withdrawals, supporting compounding impact.

Government Matching

Grants (CDSG) and Bonds (CDSB) provide significant government contributions to your savings.

Long-Term Planning

Ensures financial support for housing, healthcare, and future independence for the beneficiary.

Financial Planning

Designed to support the quality of life and provide planning information for families.

Information on Grants & Bonds

Up to 3:1 Government Matching

The Canadian government matches contributions with up to $3 for every $1 contributed, plus additional bonds for eligible low-income Canadians — supporting savings growth. Information is available to help navigate grant eligibility rules.

  • CDSG Grant capture
  • CDSB Bond eligibility
  • Low-income support
  • Grant-focused design

    • RDSP Allocation Options

    RDSPs are commonly selected based on the beneficiary's age, timeline, and family financial goals.

    Investment Choices:
    GICBondsStocksMutual FundsSeg Funds

    Stability & Growth

    Ensure long-term financial stability for the beneficiary with an account that accommodates all income levels.

    Selection Factors:
    Beneficiary AgeHealthcare NeedsRisk ProfileIncome Targets

    Planning for Long-Term Security Options

    Inclusive Financial Support

    RDSPs ensure financial support for Canadians with disabilities, helping cover costs for housing, healthcare, education, and independence. It's a cornerstone for family-wide peace of mind and quality of life.

  • Future expense coverage
  • Enhanced independence
  • Inclusive for all incomes
  • Quality of life focus

    • Tax-Deferred Growth Options

    Information on Compounding Effect

    All investment earnings grow tax-deferred until withdrawals, allowing compounding to work effectively over decades. Information is available to help understand a long-term plan that balances risk and capital preservation.

  • Decades of tax-deferred growth
  • Asset allocation information
  • Inheritance & legacy planning

    • Whealth Support

    Educational resources help Canadians with allocation options and government grant information designed for long-term consistency.

    Whealth Resources:
    Grant ConsiderationsLiquidity PlanningWealth PreservationWithdrawal Support

    Frequently Asked Questions

    To open an RDSP, the beneficiary must be eligible for the Disability Tax Credit (DTC), be a Canadian resident, have a valid SIN, and be under age 60.
    The government provides matching grants of up to $3,500 per year, depending on the beneficiary's family income and contribution amount, up to a lifetime total of $70,000.
    For low-income Canadians, the government may contribute up to $1,000 per year in bonds, even if no contributions are made, up to a lifetime limit of $20,000.
    There is no annual contribution limit, but there is a lifetime contribution limit of $200,000 for all contributions made to the RDSP.
    Due to the "10-year rule," if you withdraw funds, you may have to repay a portion of the grants and bonds received in the previous 10 years. Professional consultation can help in planning withdrawals to minimize these impacts.

    Who Should Consider an RDSP?

    Persons with Disabilities

    Individuals seeking to build long-term independence and financial stability for their future.

    Caring Families

    Parents or heirs planning long-term financial support and legacy for a disabled loved one.

    Financial Planners

    Guardians and family trustees seeking government grant and bond information.

    Tax-Aware Savers

    Investors aiming for tax-efficient long-term wealth growth through specialized vehicles.

    Information on Financial Independence

    Information is available to help Canadian families understand how RDSPs can be used to support long-term financial stability and independence.