Registered Plans

RDSP

Tax-smart long-term security for people with disabilities.

Tax-deferred growth

Contributions grow tax-free, allowing for faster savings accumulation.

Government contributions

Contributions may quality for two government grand programs. The Canada Disability Savings Grants and the Canada Disability Savings Bonds.

Flexibility

Contributions can be made by family members, friends, or other relatives with the beneficiary's permission.

Lifetime contribution limit

We access a wide range of RDSP savings and investment options, including GICs, term deposits and mutual funds.

Tax-free withdrawals

Withdrawals are tax-free, with only the original contributions and government incentives taxed as income of the beneficiary.

How do contributions work?

Flexible contributions - There is no annual limit, so you can contribute amounts that work for your budget each year.
Lifetime contribution room - You can contribute a total of $200,000 over the life of the plan.
Contribution deadline - You can make contributions until the end of the year the beneficiary turns 59.
How contributions are taxed - While contributions are not tax-deductible, the money inside the plan grows tax-free until it's withdrawn.

What happens when money comes out?

Withdrawing your original contributions: Any funds withdrawn that came from your original contributions are completely tax-free.
Withdrawing investment earnings: Any income the plan earned from investments is considered taxable income for the beneficiary when withdrawn.
With its powerful tax advantages and flexible contribution rules, the RDSP is a meaningful way to build a more secure financial future.

How to make the most of your RDSP?

A major benefit of an RDSP is that you can qualify for incentives through two financial programs offered by the Canadian government.

Canada Disability Savings Grant (CDSG)
The Canadian Disability Savings Grant can add an annual amount of $3,500 to a lifetime max of $70,000 to an RDSP. A CDSG does require you to make contributions.
Canada Disability Savings Bond (CDSB)
The Canada Disability Savings Bond can give you an extra $1,000 annually to your RDSP to a lifetime max of $20,000 if you qualify. A CDSB doesn’t require you to make any contributions.

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