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ARTICLE · 13 AUGUST 2026

Registered Disability Savings Plans: What You Should Know

Registered Disability Savings Plans offer eligible Canadians a powerful tool to build tax-deferred savings for life after 60, complete with government matching grants up to $70,000 and bonds up to $20,000. Despite these significant benefits, only one-third of eligible Canadians have opened an RDSP. Understanding how these plans work, including contribution limits, withdrawal rules, and eligibility requirements, can help individuals with disabilities secure their financial future.

CanadaWealth Management

If you or someone you love has experienced a serious personal injury, you’ve already learned how a life’s best laid plans can change in an instant.

No one can predict all the unexpected challenges and detours we will encounter as we make our way through life, but there are still many actions we can take now to give us the best chance at building the kind of future we want.

One of the most important ways to prepare for your future is to work with a qualified financial planner to create a savings and investment strategy designed to give you a sense of security as you age. While there are many tools anyone can use to build such savings, governments recognize certain people face unique challenges that benefit from special targeted programming. Certain people with disabilities may be eligible for one such program.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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