Blog by RDSPlan
RDSP vs. TFSA vs. RRSP: Which Account Is Right for Someone with a Disability?
For Canadians living with a disability, three savings accounts offer very different benefits. The RDSP comes with significant federal grants and bonds. The TFSA offers tax-free flexibility. RRSP contributions are generally tax-deductible, subject to available room. Here is how to tell which one fits your situation, and how they can work together.
Easier Access to the Disability Tax Credit in 2026: What the Spring Update Means for Families
The 2026 Spring Economic Update keeps the core Disability Tax Credit rules in place, but it proposes a simpler application path for some long-lasting conditions and an expanded list of professionals who may certify certain impairments. Here is what families need to know about the 2026 DTC amount and the proposed measures.
The RDSP: A Long-Term Savings Tool Canadian Families and Individuals Should Know About
The federal government has contributed $5.1 billion in grants and $2.1 billion in bonds to Registered Disability Savings Plans since 2008 — yet only 23% of eligible Canadian children aged 0 to 18 have one. Here’s how the RDSP works, how much the government match can add each year, why starting early matters, and what the latest 2024 data reveals about the families already benefiting.
Tax Lines to Look Out For on Your 2025 Canadian Tax Return
The 2025 tax year brings a lower federal tax rate, higher contribution limits, and several eliminated credits. From the new Canada Disability Benefit to changes in CPP2 and capital gains rules, here are the key lines to watch when filing your 2025 Canadian tax return.
How RDSPs Build Long-Term Growth
Worried about your loved one’s long-term financial security? Learn how RDSP tax-deferred growth can build meaningful savings over time — and why starting early makes a powerful difference.
Alberta Budget 2026
Alberta’s 2026 Budget maintains current income tax rates but introduces new levies and higher education property taxes. Here is a clear summary of the key measures affecting families, business owners, and taxpayers.
RDSP Explained 2026
Secure the future for loved ones with disabilities through the Registered Disability Savings Plan (RDSP). Take advantage of tax-deferred growth and generous government contributions to build long-term financial security. Learn how the RDSP can be a powerful tool for your family’s financial planning.
2025 Federal Budget Highlights
The 2025 Federal Budget focuses on stability and long-term growth, with no new broad tax increases. Key updates include GST relief for first-time home buyers, new credits for caregivers, and expanded incentives for clean-tech and manufacturing investment. The budget also clarifies how the 21-year rule applies to trusts and delays the new bare-trust reporting requirements to 2026. Overall, the plan aims to balance fiscal discipline with practical support for Canadians and small businesses.
Why Open an RDSP?
Opening a Registered Disability Savings Plan (RDSP) can be one of the smartest financial steps for families supporting a loved one with a disability. Learn how this powerful account offers tax-deferred growth, generous government grants, and long-term security — all without affecting disability benefits.
RDSP Withdrawals Explained: Avoiding Costly Surprises
RDSP withdrawals aren’t simple. Between repayment rules, taxes, shortened life expectancy provisions, and provincial differences, families can face costly surprises. Learn how DAPs, LDAPs, and special withdrawals work — and how to protect government contributions while minimizing tax.