Opening an RDSP will help achieve financial independence.
The Registered Disability Savings Plan provides long-term financial security for a person with a disability living in Canada.
The person must be eligible for the Disability Tax Credit (DTC).
The Government of Canada will pay a grant (RDSP) of 100% to 300% depending on the beneficiary's adjusted family net income and contribution level.
Apply now to determine the amount of grant you can get.
REEI.ca takes the time to analyze your needs in order to best meet them.
Example: Louis-Marie opens an RDSP in 2016 and contributes $1,500 to his plan annually, which allows him to obtain the maximum grant amount of $3,500 each year. In 2021, the amount in his plan is $35,710 with an average return of 5%.
Quickly check your RDSP eligibility with our online questionnaire.
All our representatives are certified with the Autorité des marchés financiers (AMF) in order to serve you well.
Contribute annually to the RDSP to maximize government grants.
Our team of remarkable people is dedicated to transforming the lives of people with limitations or disabilities by offering them enriching and accessible RDSP experiences.
Frédérique stands out for her expertise and sense of service. Passionate about horse riding, she brings the same patience and rigor to her work, while remaining attentive to her clients' needs. Her consistency, kindness, and professionalism make her a reliable and trustworthy advisor, capable of effectively guiding everyone and proposing tailored solutions.
Estelle supports her clients with care and authenticity. Organized and responsive, she manages priorities while remaining focused on each case. She loves tennis, and applies the same strategy, endurance, and precision to guide her clients step by step. Her thoughtful, people-oriented approach transforms complex processes into clear, reassuring, and effective support.
Eric assists English-speaking clients with rigor and organization. Like a chemist combining method and meticulousness, he handles each case with precision. He simplifies tax procedures and guides his clients step by step while maximizing their benefits. His clarity and structured approach inspire confidence and ensure reliable and effective support.
Anthony supports his clients with empathy and closeness. Living with a disability himself, he has a deep understanding of the challenges his clients face and tailors his guidance to each situation. Always attentive, he ensures clients understand their rights and make the most of available tax benefits. His kindness, listening skills, and personalized approach make every step clear, reassuring, and perfectly adapted to each client’s unique needs.
Ludovic combines RDSP expertise with a personalized approach. Living with physical limitations himself, he fully understands his clients' challenges and guides them with care and efficiency. Passionate about fashion and music, he brings the same creativity, attention to detail, and sensitivity he displays in these areas to developing customized financial solutions. His finesse, pragmatism, and attentiveness make him a valued advisor, capable of responding to each client's unique needs.
Manel coordinates the CIPH department with rigor and efficiency. Curious and creative, she organizes the steps and finds solutions tailored to each situation. Like a chef who skillfully combines ingredients to create a tasty dish, she blends organization, innovation, and adaptability to support her team and assist her clients with fluidity and professionalism.
Batiste supports the team in various aspects of operations thanks to his versatility and practicality. Always available, he responds effectively in any situation. A car enthusiast, he brings the same rigor and care he puts into his passion to his work, ensuring that files are perfectly organized. His presence brings dynamism and collaboration, contributing to a smooth and efficient working environment for the team and clients.
Philippe-Olivier helps families structure and secure their financial future. With his expert knowledge of the programs available, he offers clear recommendations tailored to each situation. Passionate about finance and politics, he analyzes each context to guide his clients with rigor and strategic vision. Appreciated for his transparency and candor, he fosters a climate of trust that is conducive to informed and sustainable decisions.
Léa ensures rigorous and structured follow-up on client files. Her attention to detail and ability to manage priorities keep operations running smoothly and efficiently. With the eye of an artist who transforms a blank sheet of paper into a harmonious work of art, she structures each file with method and finesse. Available and appreciated, Léa plays a key role in the smooth running of the team and in supporting clients.
Benjamin supports his clients with professionalism and kindness despite his invisible limitations. Calm and thoughtful, he analyzes each situation to propose appropriate solutions. Like a pianist composing a complex piece, he orchestrates each element so that everything fits together perfectly. His creativity and ability to resolve delicate situations make him a valued and committed advisor.
Mandy stands out for her thoroughness and organization in tracking financial files. Methodical and precise, she assembles each file with care, like a Lego builder creating a harmonious structure. Available and reliable, she provides constant support to the team and clients, ensuring effective and structured assistance while simplifying everyone's daily life.
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Michel-Alexandre leads the Terry team with vision and commitment, ensuring that every client receives excellent service. Passionate about innovation and quality, he encourages his advisors to excel while fostering a caring and collaborative environment. His leadership combines professionalism and integrity, inspiring confidence and motivating the team to maintain high standards in order to provide optimal support to each client.
Jade ensures that client files run smoothly thanks to her thoroughness and organizational skills. Like a seamstress who assembles each piece with precision, she coordinates files so that everything fits together perfectly. Her professionalism and commitment make the team's daily work easier, while ensuring smooth and efficient service for each client.
Valérie provides her clients with expert guidance on RDSPs. She clarifies financial options and tailors her advice to each family's specific needs. Passionate about piano since childhood, she brings the same rigor, focus, and sense of rhythm to her work. This attentive and organized approach allows her clients to feel guided, supported, and confident at every step, while effectively optimizing their financial resources.
Henri supports Terry's team by closely monitoring client files and helping to ensure that daily operations run smoothly. Organized and reliable, he pays close attention to detail in order to guarantee efficient and structured service. Outside of work, he is passionate about skateboarding, a sport that reflects his perseverance and sense of balance.
Jeanne supports her clients with empathy and expertise. Drawing on her experience and understanding of functional limitations, she offers solutions tailored to each situation. Always attentive, she builds relationships based on trust and helps her clients maximize their tax benefits. Her thoughtful, people-oriented approach simplifies complex procedures and makes her support reassuring and effective.
The RDSP is a registered savings plan introduced by the Government of Canada to help families save for the long-term financial security of persons with severe disabilities who are eligible for the Disability Tax Credit (DTC).
You qualify for the DTC when you have a marked physical or mental limitation. This means that you have a disability related to your ability to speak, hear, walk, evacuate (bowel or bladder), feed yourself, dress yourself, or mental functions necessary for activities of daily living.
1. Be eligible for the Disability Tax Credit;
2. Be between the ages of 0 and 59;
3. Have a valid social insurance number;
4. Be a resident of Canada.
A person is eligible for the DTC in a given year if they have a severe and prolonged impairment in physical or mental functions. To qualify for the credit, Form T2201 - Disability Tax Credit Certificate must be completed by a qualified practitioner and sent to the Canada Revenue Agency for approval.
Individuals who wish to establish an RDSP but have not yet claimed the DTC must be eligible for the DTC before establishing an RDSP. Learn more about the Disability Tax Credit click here
Fill out our online form to begin the opening process.
Afterwards, one of our representatives will contact you to answer your questions and complete the opening of your RDSP.
Once the RDSP is established, you can deposit money into the account at any time.
The overall lifetime Contribution limit for a Beneficiary is $200,000. There is no limit on annual Contributions and the full $200,000 can be made in any one year.
Contributions are not tax-deductible, but the investment earnings are tax-deferred as long as they are held in the Plan.
Contributions must stop at the end of the year in which the RDSP beneficiary turns 59.
Once the RDSP is set up with a reei.ca representative, you can contact us directly to contribute to the account.
It is also possible to set up a pre-authorized payment which consists of automatically contributing a certain amount on a periodic basis.
You may be eligible for Canada Disability Savings Bonds if your net annual income is less than $49,020. These bonds will be deposited into your RDSP.
To supplement individual savings, the federal government offers the Canada Disability Savings Grant (CDSG) and the Canada Disability Savings Bond (CDSB).
The RDSP entitles the beneficiary to CDSGs and CDSBs until December 31 of the year in which the beneficiary turns 49.
CDSGs are matching contributions that the government deposits into the beneficiary's RDSP to help build savings. The government provides matching contributions of up to 300%, based on the amount contributed and net family income.
For a beneficiary who is a minor, the net family income is that of his/her parents. When the beneficiary has reached the age of majority, the net family income is that of the beneficiary and his/her spouse, if any. The income threshold is indexed annually for inflation.
Low-income families are also eligible for a Canada Disability Savings Bond (CDSB). The government deposits up to $1,000 per year into the RDSP of a low-income beneficiary. No contributions required!
CDSB payments are subject to a lifetime limit of $20,000 per beneficiary and are available until the end of the year in which the beneficiary turns 49, as long as the beneficiary remains a resident of Canada.
For a beneficiary who is a minor, the net family income is that of his/her parents. When the beneficiary has reached the age of majority, the net family income is that of the beneficiary and his/her spouse.
CDSGs are capped at $70,000 per beneficiary and are available until the end of the year in which the beneficiary turns 49, as long as the beneficiary remains a resident of Canada.
Since there is no limit on annual contributions to an RDSP, up to $200,000 can be contributed in a single year. However, contributing the full amount allowed at one time will result in the loss of the CDSG in subsequent years. Individuals who intend to contribute to an RDSP should consult with an expert advisor at reei.ca to determine whether a large lump sum contribution or periodic contributions are more appropriate. Depending on expected rates of return, the age of the RDSP beneficiary and anticipated cash flow needs, smaller annual contributions may be more appropriate. Making a large contribution all at once provides a longer period of tax-sheltered growth, while making contributions over several years provides greater benefit from the CDSG.
Eligible investments for RDSPs are generally the same as for Registered Retirement Savings Plans (RRSPs) and Registered Education Savings Plans (RESPs) and include cash, securities, bonds, GICs, mutual funds and various other investments.
There are two types of RDSP withdrawals:
1. Lifetime Disability Payments (LTD) - These are annual recurring payments that continue until the beneficiary dies. Payments can begin at any age, but must begin before the end of the year in which the beneficiary turns 60.
2. Disability Assistance Payments (DAP) - These are periodic lump sum payments that can be made to the beneficiary at any time after the RDSP is established.
Upon the death of an RDSP beneficiary, the plan must be wound up by December 31 of the following year. Grants and bonds paid in the previous 10 years will be repaid to the government. Growth income, grants and bonds are taxable in the hands of the Beneficiary's estate. Initial Contributions are tax-free.
In the event that the Beneficiary is no longer eligible for the DTC, the Grants and Bonds will remain in the Account. The RDSP will remain active, but no new contributions can be made to the account and the account will not be eligible for grants or bonds or carry forward grants and bonds.
REEI.ca is committed to ensuring that people with disabilities have access to financial products and services that respect their independence.
To accomplish this, we chose Emma Life Insurance to reduce the barriers that can prevent people with disabilities from purchasing life insurance. Their services are completely online and their health questionnaire is among the most inclusive in Canada.
Note 4.9 out of 5
Personalized, easy and fast service! Always a professional available to answer our questions online👌 Thanks!
I was amazed at the customer service, the speed, the ease of opening an RDSP online for my disabled child! I can now rest easy!
Great service! It was very easy to complete the registration steps online. I am now relieved for my child's future.
