Registered Disability Savings Plan (RDSP)

April 1, 2015 by dccinc

Registered Disability Savings Plan, commonly known as RDSP is a great savings plan for individuals who are disabled and qualify for the disability tax credit.
Individuals can contribute up to $200,000 in the RDSP with the gov’t matching the contributions within certain limits and depending on the individuals and/or family’s income.

At the very least The Gov’t will contribute $20,000 into one’s RDSP over a period of time and in many cases a lot more.

The money grows tax free within the RDSP until it’s withdrawn. In our organization we have an investment advisor, a former Canada Revenue Agency Auditor, who can help you in the preparation, filing of tax returns and investing in the RDSP.

Use Our Simple Calculator to Estimate Your Disability Tax Credits & Benefits

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