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Budget 2010 RDSP Changes
The Government of Canada’s Budget 2010 proposed changes to the Registered Disability Savings Plan (RDSP), the Canada Disability Savings Grant and the Canada Disability Savings Bond. The proposed changes will provide Canadians with disabilities and their families with more flexibility when saving for the future.
Proposed amendments include a 10-year carry forward of grant and bond entitlements. Budget 2010 also proposes to allow a rollover of a deceased individual’s Registered Retirement Savings Plan (RRSP) and Registered Retirement Income Fund (RRIF) proceeds into the RDSP of a financially dependent child or grandchild with a disability. For more information, please visit Budget 2010.
Long-term savings plan for people with disabilities
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