With the RDSP, you can build tax-sheltered savings for the future and was introduced by the government for the purpose of long-term investment growth.
The RDSP attracts matching grants and bonds from the government and can be set up by the person with the disability or their parent or guardian. Contributions are not tax deductible but the grants and any investment income earned in the Plan are tax free and will be included in the beneficiary’s income for tax purposes when paid out.