You can open an RDSP and be the plan holder if you are:
A person may be designated as a beneficiary if they meet the following requirements:
The Federal Government will match your contributions with Canada Disability Savings Grants up to $70,000. Low-income families may also qualify for additional help up to $20,000 in Canada Disability Savings Bonds.
Canada disability savings grant
A matching grant that the Government will match up to 300% depending on the beneficiary's income and contribution.
Canada disability savings bond
Dependent upon the beneficiary’s income, the Government will provide a bond of up to $1,000 per year.
Save for short-term and long-term expenses, with no tax on withdrawals.
Fund a child’s educational dreams, with government grants.
Save for the lifestyle you want in retirement, with tax advantages.
Start spending savings in retirement by turning your RRSP into a RRIF.
Whether you’ve been building your investment portfolio for years, or you’re just getting started, there’s more to a wealth plan than putting money away for retirement. We’re here to help.
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