Registered Disability Savings Plan
About this resource
The Registered Disability Savings Plan (RDSP) is a long-term savings plan to help Canadians with disabilities and their families save for the future. If you have an RDSP, you may also be eligible for grants and bonds to help with your long-term savings.
You may contribute any amount to your RDSP each year, up to the lifetime contribution limit of $200,000. With written permission from the RDSP holder, anyone may contribute to the RDSP.
You may contribute any amount to your RDSP each year, up to the lifetime contribution limit of $200,000. With written permission from the RDSP holder, anyone may contribute to the RDSP.
Details
Resource type
Government of Canada, Registered Disability Savings Plan
Disabilities
Acquired Brain Injury, Autism Spectrum Disorder, Behaviour Disorders and Conditions (ie. ADHD), Blind / Visual Impairment, Cerebral Palsy, Deaf / Hard of Hearing, Deaf-Blind, Down Syndrome , Dual Diagnosis, Epilepsy / Seizure Disorder, Fetal Alcohol Syndrome / Spectrum Disorders , Intellectual / Developmental Disability, Learning Disorder / Disability, Mental Health , Neuromuscular Disorders, Other / I don't know, Paraplegia / Quadriplegia, Physical Disability / Mobility Impairment, Schizophrenia , Speech Impairment / Social / Communication Disorders, Spina Bifida, Substance Use/Addiction
Age
0-59
Eligibility
You should consider opening an RDSP if you have a long-term disability and are:
-eligible for the Disability Tax Credit (disability amount);
-under the age of 60 (if you are 59, you must apply before the end of the calendar year in which you turned 59);
-a Canadian resident with a Social Insurance Number (SIN); and
looking for a long-term savings plan.
-eligible for the Disability Tax Credit (disability amount);
-under the age of 60 (if you are 59, you must apply before the end of the calendar year in which you turned 59);
-a Canadian resident with a Social Insurance Number (SIN); and
looking for a long-term savings plan.
Location
Regions
Cariboo Chilcotin Coast, Fraser North, Fraser South, Fraser Valley, Greater Vancouver, Kootenays, North East, North West, Sunshine Coast / Squamish-Lillooet, Thompson Okanagan, Vancouver Island Central, Vancouver Island North, Vancouver Island South
Cities
Brentwood Bay, Chemainus, Cobble Hill, Colwood, Cowichan Bay, Crofton, Duncan, Esquimalt, Galiano Island, Honeymoon Bay, Ladysmith, Lake Cowichan, Langford, Mayne Island, Metchosin, Mill Bay , North Saanich, Pender Island, Port Renfrew, Saanich, Saanichton, Salt Spring Island, Saturna Island, Shawnigan Lake, Sidney, Sooke, Swartz Bay, Thetis Island, Victoria, View Royal
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