Registered Disability Savings Plan (RDSP)
A long-term savings plan for people approved for the Disability Tax Credit, with government grants and bonds.
Disability Tax Credit approval is required first. An RDSP cannot be opened without it.
The Canada Disability Savings Bond pays lower-income families up to $1,000 per year, with no contribution required.
- Time
- About 45 minutes at a branch
- Have ready
- Your child's social insurance number, your identification, and the Disability Tax Credit approval letter