Disability Saving Plans (DSP)

Before the Registered Disability Savings Plan (RDSP), individuals and families had few options to plan and save for the financial well-being of an individual or family member with a disability. The RDSP is the first plan of its kind and, over the long term, will provide financial security and reduce poverty for individuals with disabilities.

Proceeds paid out of an RDSP will not affect eligibility for federal benefits such as the Canada Child Tax Benefit, the Goods and Services Tax credit, Old Age Security, or Employment Insurance.

All provinces and territories have announced a partial or full exemption of Registered Disability Savings Plan assets and income. This provides individuals with the assurance that, when they commence receiving income from their RDSP, it will have little or no impact on their provincial benefits. More information about provincial and territorial benefits from the Government of Canada.