RDSP


Registered Disability Savings Plan (RDSP)                                                                                                                      

  • Purpose is to provide long-term savings on a tax-deferred basis for a beneficiary who has a prolonged and severe physical or mental impairment
  • The beneficiary must be eligible to receive the Disability Tax Credit

  • RDSPs receive a beneficial government grant of
    (1) up to $3,500 per year for every $1,500 contribution for beneficiaries with family incomes of less than $91,831; or
    (2) up to $1,000 per year for every $1,000 contribution for beneficiaries with family incomes of more than $91,831.

    Tradex offers RDSPs through BMO Guardian and Mackenzie Financial. For more details on RDSPs please contact Tradex today!

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