Registered Disability Savings Plan

A unique savings plan with extra money from the government.

A Registered Disability Savings Plan (RDSP) helps parents and others save for the long-term financial needs of an individual with a disability. Individuals must be eligible for the disability tax credit, have a valid social insurance number, be a Canadian resident and under the age of 60.

Investments are tax-deferred until the funds are withdrawn.

There is no annual contribution limit however there is a lifetime contribution limit of $200,000. Contributions can be made until the end of the year when the beneficiary turns 59.

A little help:

Additional information is also available on the Canada Revenue Agency's website.


Talk to our Investment Team

Ready to save?
Our skilled planning team is here to help understand your situation so they can recommend the RDSP portfolio mix that’s right for you.
Call us at 1.888.517.7000 Mon-Sat, 8am-8pm; Sun, 9am-5:30pm.

Coast Capital Savings Federal Credit Union provides advice and service related to deposit, loan and mortgage products. Coast Capital Wealth Management Ltd. provides investment and financial planning services. Coast Capital Financial Management Ltd. provides advice and service related to segregated funds, annuities and life insurance products. Worldsource Financial Management Inc. provides advice and service relating to mutual funds. Mutual fund values change frequently and past performance may not be repeated. Commissions, trailing commissions, management fees and expenses may all be related with mutual fund investments. Important information about mutual funds is contained in the relevant fund facts and simplified prospectus. Please read the fund facts carefully before investing. Only deposits held in Canadian currency, having a term of five years or less and payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act.