RDSP
Registered Disability Savings Plan
With the Registered Disability Savings Plan (RDSP), eligible Canadians can receive up to $90,000 in government assistance. The RDSP provides a long-term, tax-sheltered savings option for Canadians with disabilities, and is the only savings option that gives you access to:
- The Canada Disability Savings Grant – a matching grant of up to 300%
- The Canada Disability Savings Bond – receive up to $1,000 a year
- A $150 RDSP contribution from Endowment 150 through Vancouver Foundation
Supporting Members through the RDSP Application Process
Completing the RDSP and Disability Tax Credit applications can be challenging. So we partnered with Ability Tax and Trust Advisors, providers of the Equal Futures RDSP program. Equal Futures is a social purpose initiative that provides an easy, efficient, and free service for eligible individuals to learn about, qualify for, and open an RDSP. Contact them at 1-855-773-7377 to help you with:
- Eligibility assessment for the RDSP;
- RDSP Qualification Filings;
- Tax credit and benefits review; or
- RDSP account opening support.
If you don’t currently have your Disability Tax Credit, you can get started by answering questions on the online assessment.
If you already have your Disability Tax Credit Certificate and want to set up your RDSP, talk to one of our Investment Professionals.
Further advantages of the RDSP
- Earnings can accumulate tax-deferred until money is withdrawn
- No annual contribution limit (lifetime limit is $200,000)
- No impact on other government tax and disability benefits for B.C. beneficiaries
- Contributions can be made by the beneficiary or on their behalf
- Parents and grandparents can transfer RRSP/ RRIF savings when they pass away
- Eligible recipients can claim Grant and Bond money for past years going back to 2008
Download our RDSP information brochure, review the B.C. Government RDSP guide, or see additional RDSP information.
Talk to us
Ask us about RDSPs and the available government assistance.
