RDSP

Step 8 - Registered Disability Savings Plan

Are you aware of other benefits you may be eligible for?

Congratulations!

You are on your way to building a more secure financial future using the RDSP. The RDSP is one of many tools to help you build a good life now, and in the future.

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Please look at the other benefits you may be able to get if you do not already

Canada Pension Plan – Disability (CPP-D)

People with Disabilities (PWD) Benefit

BCANDS Persons with Disabilities (PWD) Program Overview

Persons with Disabilities / Monthly Nutritional Supplement Benefit Adjudication Program – Please email: pwd@bcands.bc.ca

Indigenous Disability Canada’s - Support for Indigenous Student Learning Program (SISLP)

Indigenous Employment Engagement Program.

If you already have the DTC, RDSP, CPP-D and PWD benefit, please look at other disability and non-disability related benefits you may be able to get at the Benefits wayfinder. Below are only a few examples of the many other benefits you may be able to get:

Endowment 150 benefit - The Endowment 150 grant offers eligible people with disabilities a one-time grant of $150 to help their Registered Disability Savings Plan (RDSP) grow.

Persons with Persistent Multiple Barriers (PPMB) - (B.C.) – If you have long-term barriers to employment, you may be exempt from employment obligations. You may also be able to get a higher support rate and additional benefits.

BC Bus Pass Program - Persons with Disabilities can receive a bus pass as part of their disability assistance.

General and health supplements – When you receive PWD assistance, you may be able to get more money and services to cover your extra costs. Examples include camp fees, Christmas expenses, clothing, guide dog and service dog, dental and much more.

Continue to step 9

Steps

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Resources

There are three ways to file income taxes

You can file your taxes electronically (online) using NETFILE (an electronic tax-filing service that sends your tax return directly to the Canada Revenue Agency.

Questions to ask when deciding which financial institution to choose to open your RDSP.

Is the financial institution convenient for me to reach?

How do I get a Social Insurance Number?

Find your birth certificate, Certificate of Canadian citizenship or permanent residence card. These are called primary documents.

If you are unable to open an RDSP

If you have trouble opening an RDSP, even if you meet all the eligibility criteria, it is usually because your financial institution is missing some information.