RDSP Info Pad

Registered Disability Savings Plan

Helping People with Disabilities 
Save for the Future

Canadian residents under age 60 who are eligible for the Disability Tax Credit can open a Registered Disability Savings Plan (RDSP) and can also receive money from the Government of Canada to encourage savings.

Canada Disability Savings Grant

The Canada Disability Savings Grant is a matching grant that the Government deposits into the RDSP, based on contributions and the beneficiary’s family income. The Government will deposit a maximum of $3,500 each year, with a lifetime limit of $70,000.

Canada Disability Savings Bond

The Government will also pay a Canada Disability Savings Bond of up to $1,000 each year to low-income and modest-income Canadians, with a lifetime limit of $20,000. No contributions are required to receive the bond.

Grants and bonds will be paid into the RDSP until the year the beneficiary turns 49.

To find out if you are eligible:

1 800 O-Canada (1-800-622-6232)
TTY: 1-800-926-9105
www.disabilitysavings.gc.ca

ISSD-057-11-11