- Not eligible for the Disability Tax Credit
- Do not have available contribution room
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Trending searchesWhy invest your money in an RDSP?
RDSPs allow your money to grow tax deferred. The beneficiary of the account will not pay tax on earnings until the funds are withdrawn.
Explore investment products for your RDSP
Your RDSP can contain a variety of investments, such as cash, mutual funds, and GICs. We can help you build an investment portfolio that’s right for you.
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Speak to an RDSP Advisor today
Frequently asked questions
Government grants and bonds are paid until December 31 of the year the beneficiary turns 49. You can keep contributing until the end of the year they turn 59, but contributions after 49 no longer attract new grants.
Unused grant and bond room carries forward for up to 10 years, so you may be able to catch up and receive more than the yearly maximum when you contribute.
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Note: SDSPs (Specified Disability Savings Plans) are an exception to the above as they allow beneficiaries who have shortened life expectancy greater flexibility to access their savings. If the RDSP is an SDSP, payments must start before the end of the calendar year following the year in which the plan last became an SDSP. Also once the plan is designated as a SDSP, no more contributions can be made and the plan will not be entitled to any new grant or bond.