So you want the RDSP (Registered Disability Savings Plan)? You need to follow a few steps, including getting the DTC (Disability Tax Credit), so we will start there.

DTC Application

KEEP A COPY FOR YOUR RECORDS

Once they have assessed your file, they will send a Notice of Determination in the mail letting you know that you have been approved or declined. If you’re declined, look at the reasoning and you can either file a formal objection within 90 days or re-apply. The CRA (Canada Revenue Agency) changes its criteria so you may be approved later down the road.

If you’re approved you can start the process of setting up the RDSP.

RDSP Application

Click on the links below:

Click on the link below:

You can contribute more or less than that, but these amounts will allow you to maximize the grants you will receive.