Registered Disability Savings Plan (RDSP)

Record Details
Social Media Website Website: www.canada.ca/en/revenue-agency/services/tax/individuals/topics/registered-disability-savings-plan-rdsp.html
Social Media Website
Description & Services
Alternate Name RDSP
Description 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 (DTC). 
You can open an RDSP at a local bank. The banks that offer the RDSP can be found here: http://www.esdc.gc.ca/eng/disability/sa vings/rdsp.shtml#financial
Areas Served Peel Region
Eligibility You can designate an individual as beneficiary if the individual: 
*is eligible for the disability tax credit (DTC); 
*has a valid social insurance number (SIN); 
*is a resident in Canada when the plan is entered into; and 
*is under the age of 60 (a plan can be opened for an individual and contributions can be made to it until the end of the year in which he or she becomes 59 years of age).
Fees None
Languages English ; French
Contact Information
Accessibility Fully Accessible
Office Phone General Information: 1-800-959-8281
TTY Phone 1-800-665-0354
Website https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/registered-disability-savings-plan-rdsp.html
Other Details
Funding Federal
Service Level (40) Federal Government
Subjects
Subjects Disabilities ; Funding

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