Additional Federal Grants
Additional information
The lifetime contribution limit for an RDSP is $200,000, with no annual limit.
Anyone can contribute to the RDSP with the written permission of the plan holder.
Canada Disability Savings Bond
The government will also pay up to $1,000 to low income and modest income
Canadians, with a lifetime limit of $20,000. This will be paid into the RDSP until the
year the beneficiary turns 49.
Canada Disability Savings Grant
The government will
match your deposits, up
to a maximum of $3,500
per year, up to a lifetime
maximum of $70,000
depending on your family
income. This will be paid
into the RDSP until the
year the beneficiary turns
49.
Application and
Questions
Contact your Registered
Education Savings Plan
provider or if you don't
have one, contact your
bank, credit union or an
investment advisor.
Registered Disability Savings Plan (RDSP)
This is a savings program for people with disabilities that are under the age of 60.
If you receive the Disability Tax Credit, you can open a Registered Disability
Savings Plan (RDSP).
Photo credit Ryan Leighty via Visual hunt CC/BY
General Program Questions
Contact 1 800 O Canada (1-800-622-6232)
or TTY 1-800-926-9105
or www.disabilitysavings.gc.ca
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