Is the RDSP Right For You

For many of you, the decision is clear and the answer is yes.

Are you a young person with a low income, who qualifies for an RDSP? All you need to do is open your RDSP, file your taxes, and sit back and wait. Without paying in a dime your plan will grow to $50,000 or $60,000 over 30 years if you make wise investment decisions.

Are you a young family with a qualifying child, and able to spare $1,500 per year? Open an RDSP, make your contributions, report the taxes correctly, and in 30 years your child will have assets of about $400,000.

It is not always so easy to decide though. If you are unsure, we have a few resources to assist you:

The RDSP calculator – Enter your information, try some different contributions, and watch how the RDSP will grow.

RDSP stories – Read different scenarios by clicking on the links below

RDSP Guide- from BC Coalition of People with Disabilities

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