Registered Disability Savings Plan
The RDSP is a powerful savings tool designed to provide long-term financial security for individuals with disabilities. With government grants, bonds, and tax-deferred growth, families can create a sustainable plan that supports quality of life—without affecting eligibility for essential programs like ODSP. At Ability Private Client Group, we help families understand, establish, and manage RDSPs with confidence and clarity.
Understanding Eligibility
We guide families through the Disability Tax Credit requirements and help ensure your loved one qualifies and remains eligible for the RDSP.
Maximizing Contributions
Lifetime contributions of up to $200,000 can be made by family or friends. We help design a savings plan that fits your goals and timelines.
Government Grants & Bonds
Take advantage of up to $70,000 in grants and $20,000 in bonds. We help you access every available dollar to boost long-term savings.
Smart Withdrawal Strategies
From Disability Assistance Payments (DAPs) to Lifetime Disability Assistance Payments (LDAPs), we help structure withdrawals to minimize penalties and maximize income.
Tax Treatment & Protection
We explain how contributions, grants, and investment growth are taxed, and ensure withdrawals do not jeopardize ODSP or other benefits.
Peace of Mind for Families
Our planning ensures financial security today and for the future—helping you protect your loved one’s quality of life, even when you’re no longer there to provide care.