Benefits of an RDSP

  • Defer Tax on Investment Income

    Taxes on investment income and capital gains earned are deferred while in the RDSP, helping the plan to grow faster.

  • Use Funds for Anything

    Funds can be withdrawn for any purpose that benefits the person with the disability. Plus, family and friends can contribute to the plan with the written consent of the plan holder.

  • Get Government Contributions

    The Federal Government will match your contributions (limits apply1) up to $70,000 in Canada Disability Savings Grants and low-income families may qualify for additional help of up to $20,000 in Canada Disability Savings Bonds.

Save Faster with a Regular Contribution Plan

With a regular, pre-authorized contribution plan (RDSP-Matic®) you can save automatically without even thinking about it!

  • Get started with as little as $25 per week
  • Contribute weekly, bi-weekly, monthly—you choose
  • Contributions are automatically debited from your chequing or savings account

Fees, Contribution Rules, & More

RDSP Rules and Eligibility RDSP Grants and Bonds RDSP Fees


Explore top RDSP questions.

An RDSP beneficiary must have a valid Social Insurance Number (SIN) and be:

  • Eligible for the Disability Tax Credit (DTC)—for details on the DTC, visit the Canada Revenue Agency (CRA)
  • A Canadian resident when the plan is set up and when each contribution is made
  • Under age 60 when the plan is opened, since contributions cannot be accepted after the end of the year the beneficiary turns 59

You can open an RDSP and be the plan holder if you are:

  • A person with a disability who is the age of majority and has the capacity to manage his or her finances; or
  • The legal parent of a child with a disability who has not reached the age of majority; or
  • A guardian or other representative who is legally authorized to act on behalf of a person with a disability

There is not an annual limit; however, there is a lifetime limit of $200,000.

Ready to Invest?

Open or contribute to an RDSP!