What are the Benefits
- Anyone can contribute to a plan on the owner’s behalf.
- Receive up to $3,500 per year in matching government grants.
- Receive up to $1,000 per year in annual government bonds, for up to 20 years.
- There is tax-deferred growth on any investment in the RDSP until the money is withdrawn.
- RDSP income does not affect any other disability income you may have in addition to this plan.
- You will have control over how the funds in your RDSP will be invested.
- You pay no tax on the gains your investments make each year and there are partial taxes on future withdrawals.