{"id":61,"date":"2022-11-21T20:11:23","date_gmt":"2022-11-21T20:11:23","guid":{"rendered":"https:\/\/rdsplan.ca\/?page_id=61"},"modified":"2024-02-13T03:19:47","modified_gmt":"2024-02-13T03:19:47","slug":"get-informed","status":"publish","type":"page","link":"https:\/\/rdsplan.ca\/get-informed\/","title":{"rendered":"Get Informed"},"content":{"rendered":"

[et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”4.19.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_fullwidth_image src=”https:\/\/rdsplan.ca\/wp-content\/uploads\/2022\/11\/GET-INFORMED-HERO.jpg” title_text=”GET INFORMED HERO” _builder_version=”4.19.0″ _module_preset=”default” use_background_color_gradient=”on” background_color_gradient_direction=”91deg” background_color_gradient_stops=”#ffffff 0%|#29c4a9 100%” background_color_gradient_overlays_image=”on” global_colors_info=”{}”][\/et_pb_fullwidth_image][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.19.0″ _module_preset=”default” background_color=”#26374A” global_colors_info=”{}”][et_pb_row _builder_version=”4.19.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.19.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.19.0″ _module_preset=”default” header_font_size=”38px” header_2_font_size=”24px” global_colors_info=”{}”]<\/p>\n

GET INFORMED \u2013 RDSP & DISABILITY TAX CREDIT<\/span><\/strong><\/h1>\n

DISABILITY GRANTS | DISABILITY TAX CREDIT | REGISTERED DISABILITY SAVINGS PLAN<\/span><\/strong><\/h2>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.19.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.19.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.19.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/rdsplan.ca\/wp-content\/uploads\/2022\/11\/2529444_550x0.jpg” title_text=”2529444_550x0″ _builder_version=”4.19.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.19.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.19.0″ _module_preset=”default” header_3_font_size=”18px” global_colors_info=”{}”]<\/p>\n

RDSP EXPERT & SPECIALIST IN CALGARY, ALBERTA<\/strong><\/span><\/h3>\n


A registered disability savings plan (RDSP) is a savings plan that is intended to help parents and others save for the long term financial security of a person who is eligible for the disability tax credit. Contributions to an RDSP are not tax deductible and can be made until the end of the year in which the beneficiary turns 59.<\/span><\/p>\n

The Canada disability savings grant, the Canada disability savings bond and disability tax credit provided by the Canadian Government allows for participants of the program to save even more.<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.19.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.19.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_toggle title=”How It Works” open_toggle_text_color=”#FFFFFF” open_toggle_background_color=”#26374A” closed_toggle_background_color=”#FFFFFF” icon_color=”#26374A” toggle_icon=”P||divi||400″ use_icon_font_size=”on” icon_font_size=”20px” open_toggle_icon=”O||divi||400″ open_use_icon_font_size=”on” open_icon_font_size=”20px” _builder_version=”4.19.0″ _module_preset=”default” title_text_color=”#26374A” title_font=”|700||on|||||” title_font_size=”24px” body_text_color=”#FFFFFF” box_shadow_style=”preset1″ global_colors_info=”{}”]<\/p>\n

Canadian Savings Disability Grants match contributions to the RDSP account between 100-300%, depending on Family income, up to the age of 49. i.e. if income is higher than the CSDG threshold amount $1,000 gets $1,000, if it is lower, $1,500 gets $3,500 in grants.<\/p>\n

Canadian Savings Disability Bonds automatically get deposited to the RDSP account if the family income is less than the CSDB threshold amount, up to the age of 49. This is to a maximum of $1,000\/year and a lifetime maximum of $20,000.<\/p>\n

CSDG & CSDB must remain in the account for 10 years to be vested to the beneficiary. Withdrawals from the plan must start at 60 and the investment growth and the CSDG & CSDB are taxed to the beneficiary upon withdrawal.<\/p>\n

Income from the RDSP does not affect income-tested federal government programs such as Old Age Security (OAS), Guaranteed Income Supplement (GIS) or Canada Pension Plan (CPP). The RDSP is exempt as an asset for provincial programs like AISH, ODSP etc.<\/p>\n

For more information refer to News & Resources<\/a>.<\/p>\n

[\/et_pb_toggle][et_pb_toggle title=”What do I need to apply?” open_toggle_text_color=”#FFFFFF” open_toggle_background_color=”#26374A” closed_toggle_background_color=”#FFFFFF” icon_color=”#26374A” toggle_icon=”P||divi||400″ use_icon_font_size=”on” icon_font_size=”20px” open_toggle_icon=”O||divi||400″ open_use_icon_font_size=”on” open_icon_font_size=”20px” _builder_version=”4.20.4″ _module_preset=”default” title_text_color=”#26374A” title_font=”|700||on|||||” title_font_size=”24px” body_text_color=”#FFFFFF” hover_enabled=”0″ box_shadow_style=”preset1″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n

To successfully apply for the RDSP, have the following ready:<\/p>\n