RDSP Account

A Registered Disability Savings Plan (RDSP) helps parents and others save for the long-term financial security of a person who is eligible for the Disability Tax Credit.

Registered Disability Savings Plan Account (RDSP)

Unlike RRSPs, contributions to a RDSP are not tax-deductible, but any growth realized within the plan is tax-deferred. Up to $200,000 can be invested within the plan with no annual contribution limits and can be made until the end of the year in which the beneficiary turns 59 years of age.

Contributions that are withdrawn are not to be included as income for the beneficiary when paid out of a RDSP. However, the Canada Disability Savings Grant, Canada Disability Savings Bond and investment income earned in the plan will be included in the beneficiary’s income for tax purposes when paid out of the RDSP.

Benefits of an RDSP

  • Tax-sheltered growth
  • Flexible investment options
  • Canada Disability Savings Grant available
  • Canada Disability Savings Bond Available

We Offer 2 RDSP Investment Account Choices

1) Mutual Fund RDSP

Choose from an extensive lineup of mutual funds from more than 35 fund management companies. Our fund selection encompasses a full range of savings, income and growth funds.

2) Managed Portfolio RDSP

Building a diversified portfolio and constantly monitoring and adjusting it takes time and expertise. Many investors prefer the simplicity of an “All-In-One Fund Solution.” With a managed portfolio, you put time back on the clock while still benefiting from effective, professional management of your funds and asset mix.

Get Started Now!

Open a RDSP account or transfer your existing RDSP account to GP Wealth Management. We encourage you to get professional advice when managing your RDSP account.


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