Long-term disability savings
RDSP decisions start with DTC status and time horizon.
An RDSP is a long-term savings plan, not an immediate therapy fund. Eligibility, grants, bonds, withdrawals, and repayment rules depend on federal terms and individual circumstances.
Open the federal RDSP guide01
Confirm DTC eligibility
The beneficiary must be approved for the Disability Tax Credit and meet the other federal plan rules.
- Check identity and residency requirements
- Resolve DTC status first
02
Compare issuers
Ask financial institutions about fees, investment choices, accessibility, and administrative support.
- Get terms in writing
- Do not compare on grant headlines alone
03
Plan contributions
Government support can depend on income, age, contribution timing, and unused entitlements.
- Request an entitlement statement
- Avoid an assumed match calculation
04
Understand withdrawals
Withdrawals can trigger assistance-holdback and repayment rules.
- Model timing before withdrawing
- Coordinate with other benefits and advice