Registered Disability Savings Plan
Registered Disability Savings Plans exist to help families and friends build long-term financial security for loved ones living with disabilities.
Adults with disabilities are able to contribute and attract government benefits on their own.
1. Eligible to claim the Disability Tax credit.
2. Have a Social Insurance Number.
3. Reside in Canada.
4. Under the age of 60 when the plan is opened.
All RDSP plans attract some level of government matching funds. Low income families may receive up to 300% matching funds on the first $500 contributed.
“Start by doing what’s necessary; then do what’s possible; and suddenly you are doing the impossible” – Francis of Assisi.
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