the rdsp was created to benefit research and sme communities.
who has the rdsp been created to benefit?
research and sme communities
registered disability savings plan





























a registered disability savings plan (rdsp) is a government of canada program designed to enable individuals with disabilities, with assistance from family and friends to save for their future financial security. the government of canada assists people to save with the canada disability savings program, consisting of the canada disability savings grant and canada disability savings bond. the canada disability savings grant matches personal contributions. the canada disability savings bond provides funding to rdsps of people with low and moderate incomes.
registered disability savings plan
only one rdsp account may be set up per qualifying individual, and only that beneficiary is entitled to any payments. an rdsp arrangement must be between the issuer and either the beneficiary, a qualifying person in relation to the beneficiary or a legal parent who is not a qualifying person, but who is a holder of another rdsp of the beneficiary. a qualifying person can only establish and administer an rdsp on behalf of the beneficiary if the beneficiary lacks the mental capacity to do so himself of herself. a disabled adult with mental capacity who wished to benefit from an rdsp must establish the plan himself or herself, however, family members, friends or others could contribute to a plan established by the disabled person, with his or her permission.
registered disability savings plan