Before the Registered Disability Savings Plan (RDSP), individuals and families had very few options to plan and save for the financial well-being of an individual or family member with a disability. The RDSP is the first plan of its kind and, over the longer term, will provide financial security and reduce poverty for individuals with disabilities.

Proceeds paid out of an RDSP will not affect an individual's eligibility for federal benefits such as the Canada Child Tax Benefit, the Goods and Services Tax credit, Old Age Security, or Employment Insurance.

All provinces and territories have announced a partial or full exemption of Registered Disability Savings Plan assets and income. This provides individuals with the assurance that, when they commence receiving income from their RDSP, it will have little or no impact on their provincial benefits. More information about provincial and territorial benefits from the Government of Canada.

RDSP Basics
What is an RDSP? How do they work? Who can contribute? What are the contribution limits? Get the facts on these questions and more.

Government Disability Initiatives
The Government of Canada will contribute to a person's RDSP through the Canada Disability Savings Grant and Canada Disability Savings Bond.

Scotia RDSP Products
The Scotiabank Group of companies offers a range of RDSP options; with a choice of investments that includes Cash/Savings, GICs and mutual funds.

To find out more

• Access the following government links:
  • RDSP information from the Canada Revenue Agency
  • RDSP information from Human Resources and Skills Development Canada
• Contact the Wealth Management Contact Centre at 1-877-929-4499 and talk to one of our investment specialists.
• Complete the Scotia Investment Selector to determine the right mix of investments for the RDSP.