RDSP Canada 2025 — Registered Disability Savings Plan Guide

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Set up direct deposit and skip the monthly fee. Free to open, and the Easy plan has no monthly fee. Worth doing if you will actually move your pay or your CRA deposits over, not if the card sits unused. Code BREMO2026.

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The Registered Disability Savings Plan (RDSP) is a long-term savings plan designed to help Canadians with disabilities and their families save for the future. The Canadian government provides generous grants and bonds — potentially worth up to $90,000 in government contributions over a lifetime. To qualify, you must have an approved Disability Tax Credit (DTC) certificate.

RDSP Government Benefit Estimator

Beneficiary's Current Age Family Net Income ($) — Beneficiary or Parents if Under 18 Annual RDSP Contribution ($)

RDSP Key Facts

Parameter	Amount / Rule
Lifetime contribution limit	$200,000
Annual contribution limit	None
CDSG lifetime maximum	$70,000
CDSB lifetime maximum	$20,000
Total potential government benefit	$90,000
Age to stop receiving grants/bonds	December 31 of year beneficiary turns 49
Age to stop contributions	December 31 of year beneficiary turns 59
Must start withdrawals by	December 31 of year beneficiary turns 60

Canada Disability Savings Grant (CDSG)

The CDSG is a matching grant based on your contributions and family income. The government matches contributions at rates of 100%, 200%, or 300%:

Family net income ≤ $36,502: 300% on first $500 ($1,500) + 200% on next $1,000 ($2,000) = max $3,500/year
Family net income $36,502–$87,123: 200% on first $500 ($1,000) + 100% on next $1,000 ($1,000) = max $2,500/year
Family net income above $87,123: 100% on first $1,000 = max $1,000/year

Canada Disability Savings Bond (CDSB)

The CDSB is paid to low-income Canadians with disabilities with NO contribution required:

Family net income ≤ $36,502: $1,000/year
Family net income $36,502–$55,197: Partial bond (phases out)
Above $55,197: No bond

Many eligible Canadians are missing thousands of dollars in CDSB simply by not having an RDSP open. Even if you can't contribute, open an RDSP to claim the bond.

  10-Year Holdback Rule: Any CDSG and CDSB received in the last 10 years must be repaid if you make withdrawals (called DAPs — Disability Assistance Payments). Plan withdrawals carefully to avoid triggering repayment.

RDSP Withdrawals (Disability Assistance Payments)

Withdrawals from an RDSP are called Disability Assistance Payments (DAPs). Rules:

You can make DAPs at any time, but early withdrawals trigger the 10-year holdback repayment
Annual DAPs cannot exceed 10% of the RDSP value if grants/bonds were received in the last 10 years (unless using Lifetime Disability Assistance Payments)
LDAPs (Lifetime DAPs) must begin by age 60
DAPs are taxable to the beneficiary (contributions are not taxed again; grants, bonds, and growth are taxable)

Who Manages the RDSP?

An RDSP can be opened and managed by:

The beneficiary themselves (if they have contractual capacity)
A parent or guardian (for minors)
A legal guardian or authorized entity for adults with diminished contractual capacity

Simple Banking for Canadians with Disabilities

KOHO offers accessible, no-fee banking that's easy to use. Complement your RDSP savings with a KOHO account for everyday spending and cashback.

Open KOHO — Use Code BREMO2026