RDSPlan

11/20/2025

RDSP savings can be used for any purpose once withdrawn, whether it’s for housing, medical care, education, or daily living expenses—the choice is yours. While there are no restrictions on how you use the funds, it’s important to plan withdrawals carefully. Withdrawals made before age 60 may trigger repayment of government grants and bonds due to the 10-year rule. After age 60, regular lifetime disability assistance payments must begin, supporting ongoing financial needs. This flexibility makes the RDSP a valuable tool for long-term independence. Start your plan now and build savings you can use your way

11/18/2025

The 10-year rule is one of the most important considerations for anyone planning to use the RDSP. Any grant or bond received must remain in the account for at least 10 years, or it may need to be repaid. This encourages long-term savings and protects government contributions. Build your withdrawal strategy with the 10-year window in mind to avoid unnecessary losses.

11/13/2025

RDSP beneficiaries must be under 60 years old to receive grants and bonds, but withdrawals can continue long after. Planning early helps maximize those supports, particularly before the beneficiary turns 49. Once that threshold is passed, no further grants are paid. Don’t wait until it’s too late, contribute early and build as much as you can during the eligible period.

11/11/2025

The RDSP was created to help Canadians with disabilities build savings for long-term needs. Its structure is unique, combining personal contributions with generous government matching and income-tested bonds. No other registered savings plan offers this combination of support without affecting other federal benefits. Take the next step toward building lifelong financial resilience by opening your RDSP today.

11/06/2025

Unused RDSP grant and bond entitlements can be carried forward for up to 10 years. If you’re eligible but haven’t contributed in previous years, you may still be able to claim significant amounts retroactively. This can lead to a large boost in your plan’s growth, especially in the first few years. Find out how much backdated support you may be entitled to by opening your RDSP and contributing now.

11/05/2025

The 2025 Federal Budget takes a steady, practical approach — supporting home buyers, families, and businesses while keeping Canada on a sustainable fiscal path.
✅ GST removed for first-time home buyers
✅ New credits for caregivers and support workers
✅ Expanded SR&ED and clean-tech incentives
✅ Clarified rules for trusts and estate planning

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 ru...

11/04/2025

Parents, guardians, or legal representatives can open an RDSP on behalf of a child with a disability. The earlier the plan is opened, the more time there is for government grants to grow and compound. Contributions can come from anyone, but only the plan holder manages the account. Start the process now to ensure your child receives the maximum support possible through the RDSP.

11/03/2025

Many families don’t realize how powerful the Registered Disability Savings Plan (RDSP) can be. With tax-free growth and up to $90,000 in government grants and bonds, it’s one of the most valuable ways to build long-term security for a loved one with a disability. The earlier you open one, the more years of growth and support you can capture. Learn how an RDSP can help your family create lasting financial peace of mind.

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 be...

10/30/2025

RDSP government grants and bonds do not count as income when deposited and therefore do not affect eligibility for income-tested benefits like GIS or OAS. Funds within the RDSP grow tax-deferred, meaning you won’t pay tax on investment growth, grants, or bonds while the money remains in the plan. When you withdraw funds, the portion that comes from government grants, bonds, and investment income is taxable to the beneficiary, but personal contributions are not taxed. This unique tax treatment makes the RDSP a valuable savings vehicle for low-income Canadians, helping protect other income supports while growing long-term savings. Open an RDSP today to safeguard your financial future.

10/29/2025

📉 Bank of Canada lowers key interest rate to 2.25%
The Bank of Canada cut its policy rate by 25 basis points to support slowing economic growth and keep inflation near 2%.
What this means:
Borrowers may see slight relief on variable-rate loans and mortgages.
Savers can expect rates to stay low a bit longer.
The Bank signalled this may be the last cut for now, with future moves depending on economic data.
A good time to review your debt, savings, and investment strategies in light of the changing rate environment.

🔗 https://www.bankofcanada.ca/2025/10/fad-press-release-2025-10-29/

10/28/2025

The RDSP is not just for children or young adults. Canadians can open and contribute to the plan until the year they turn 59. This means even if you’re diagnosed later in life or receive DTC eligibility at an older age, there’s still time to grow savings. The earlier you open the plan, the more you may benefit. Don’t wait, explore how RDSP can support you or a loved one today.

10/23/2025

When it comes to RDSP withdrawals, understanding the long-term implications can make a big difference. Withdrawing funds before the 10-year holding period can trigger grant and bond repayments. But after age 60, the funds are yours to draw from as needed. Plan ahead to protect the full value of your government contributions and build lasting financial support. Learn how the withdrawal rules affect your RDSP and make informed choices.