Federal (Canada)Disability

Registered Disability Savings Plan

A savings plan for people approved for the Disability Tax Credit. The government adds grants and, for low incomes, bonds — free money even if you cannot contribute yourself.

Estimated value

Grants up to $3,500/year and bonds up to $1,000/year from the government

Check if I qualify →

Apply for this first — it unlocks other benefits: Disability Tax Credit

Who qualifies

The beneficiary must be approved for the Disability Tax Credit, a Canadian resident, under 60, and have a Social Insurance Number.
The government bond (up to $1,000/year) is paid to low-income beneficiaries even with no personal contributions.

How to apply

1
Open an RDSP at a bank or credit union
Contact a financial institution that offers RDSPs. You need an approved DTC and a Social Insurance Number.
Go to application ↗
2
Apply for the grant and bond
Your financial institution helps you apply. The bond does not require you to contribute; the grant matches your contributions.

Documents you will need

Approved Disability Tax Credit
Social Insurance Number

Processing time

Set up in one visit

How often it is paid

Grants and bonds paid into the plan

Good to know

Grants and bonds can be claimed for up to 10 prior years if you were eligible then.
RDSP savings generally do not affect provincial disability assistance like BC PWD.

Often applied for together

Disability Tax Credit Canada Disability Benefit

Official government page ↗

Last verified: September 1, 2026