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Wednesday, July 14, 2010

Information about RDSPs

I know many people are still looking for reliable information about the Registered Disability Savings Plan (RDSP) as it always takes a while for the details of new programs to become familiar.

Click here for detailed information including:

  • what is an RDSP?
  • who can open and contribute to an RDSP?
  • how much can be contributed to an RDSP?
  • can an RDSP be transferred to a new plan?
  • how do RDSP withdrawals work?
  • what is the "ten year period rule" and what events trigger the rule?

There's also an RDSP calculator on that page.

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