Step 3 - Registered Disability Savings Plan
Have you been approved for the Disability Tax Credit?
Here is how you can find out more about the Disability Tax Credit.
You must have the Disability Tax Credit before you can open an RDSP. Go to the Disability Tax Credit (DTC) module to learn how to apply.
FAQs
What happens if I lose eligibility for the Disability Tax Credit?
Many people are only approved for the Disability Tax Credit for a certain number of years. To keep your eligibility, you must re-apply to the Canada Revenue Agency. Applications can take a few months to process, so you should apply at least six months before your Disability Tax Credit is set to expire. You cannot reapply sooner than one year before the expiry date.
Learn more about what steps to take in Losing Disability Tax Credit (DTC) Eligibility - RDSP.
Steps
Feeling overwhelmed?
Someone can help you with your application. Find an organization to help you here.