THE REGISTERED DISABILITIES
SAVINGS PLAN (RDSP)The
Registered
Disability Savings Plan (RDSP) helps Canadians with
disabilities and their families save for the future. If you are a
Canadian resident under age 60 and are eligible for the Disability Tax
Credit, you are eligible for an RDSP. Earnings accumulate tax-free,
until you take money out of your RDSP.
To find out if you or a family member are eligible, visit
disabilitysavings.gc.ca or call
1-800-O-Canada
(1-800-622-6232) TTY: 1 800 926-9105.
What is a Registered Disability Savings Plan?
The RDSP is a long-term savings plan to help Canadians with
disabilities and their families save for the future. In general, RDSPs
can be opened before the person who will receive the money (the
beneficiary) turns 60.
Several financial organizations offer the RDSP, the grant and the
bond. You can open an RDSP by completing a registration form at a
participating financial organization. For a list of participating banks,
credit unions or other financial organizations, visit
disabilitysavings.gc.ca.
For more information on opening an RDSP
Call: 1 800 959 8281
TTY: 1 800 665 0354
Visit:
www.cra.gc.ca/rdsp*This
information was obtained from the Human Resources and Skills Development
Canada website
www.hrsdc.gc.ca