The Registered Disability Savings Plan (RDSP) is a government-supported savings program designed to help Canadians with disabilities build long-term financial security.
When you open an RDSP, you benefit from:
Government Contributions – up to $90,000 available through grants and bonds.
Tax-Free Growth – your savings grow without annual taxation.
Flexibility – money can be used later for care, housing, education, or everyday living needs.
Think of the RDSP as a financial gift for your future — a plan that combines your savings with government support to provide stability and peace of mind.
The Government of Canada provides up to $90,000 through two major programs:
Canada Disability Savings Grant (CDSG) – Matching contributions up to $70,000.
Canada Disability Savings Bond (CDSB) – No contribution required, up to $20,000.
That’s a total of $90,000 — available until December 31 of each year.
You may be eligible if you:
Are a Canadian citizen or permanent resident.
Have a valid Social Insurance Number (SIN).
Are approved for the Disability Tax Credit (DTC – Form T2201).
Are under age 60 when opening the plan (available until you turn 49).
The RDSP covers a wide range of impairments and conditions, including:
Type 1 Diabetes (insulin dependent)
Autism / Down Syndrome / ADHD
Alzheimer’s & Dementia
Cerebral Palsy & Developmental Delay
Epilepsy
Intellectual or Developmental Disabilities
Multiple Sclerosis (MS)
Kidney failure requiring dialysis
Severe Depression, Bipolar Disorder, PTSD
Vision, Hearing, or Speech impairments
Chronic & Autoimmune conditions
Parkinson’s Disease, COPD, Fibromyalgia, Crohn’s, Arthritis
Stroke Survivors with lasting impairments
Contribute: Even a small amount, like $25/month, can make a difference.
Government Matches: Depending on your income, the government contributes up to $3 for every $1 you save.
Grow Tax-Free: Your savings grow without annual taxes.
Withdraw When Needed: Use the funds later for disability-related expenses, housing, education, or personal care.
| Family Net Income | Grant Matching |
|---|---|
| Less than ~$106,000 | Up to $3 for every $1 (max $70,000) |
| Greater than ~$106,000 | $1 for every $1 contributed |
| Family Net Income | Bond Amount |
|---|---|
| Less than ~$37,485 | Up to $1,000 annually (max $20,000) |
| $37,485 – $57,375 | Partial bond available |
| Over $57,375 | No bond provided |
Don’t miss out on up to $90,000 in government grants.
Applications close December 31 each year — act now and secure your financial support.
📞 Talk to one of our advisors or
📩 Fill out the form to find out how much you’ll need based on your goals, budget, and timeline.
