{"id":3415,"date":"2016-01-19T23:37:57","date_gmt":"2016-01-20T04:37:57","guid":{"rendered":"http:\/\/financial-advisory.ca\/?page_id=3415"},"modified":"2016-03-12T12:18:49","modified_gmt":"2016-03-12T17:18:49","slug":"registered-disability-savings-plan-rdsp","status":"publish","type":"page","link":"https:\/\/financial-advisory.ca\/index.php\/registered-disability-savings-plan-rdsp\/","title":{"rendered":"Registered Disability Savings Plan (RDSP)"},"content":{"rendered":"<div id='layer_slider_1'  class='avia-layerslider main_color avia-shadow  avia-builder-el-0  el_before_av_heading  avia-builder-el-first  container_wrap sidebar_right' style='  height: 151px;' ><\/div><div id='after_layer_slider_1'  class='main_color av_default_container_wrap container_wrap sidebar_right' style=' '  ><div class='container' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-3415'><div class='entry-content-wrapper clearfix'>\n<div  style='padding-bottom:10px; ' class='av-special-heading av-special-heading-h3    avia-builder-el-1  el_after_av_layerslider  el_before_av_two_third  avia-builder-el-first  '><h3 class='av-special-heading-tag '  itemprop=\"headline\"  >RDSP<\/h3><div class='special-heading-border'><div class='special-heading-inner-border' ><\/div><\/div><\/div>\n<div class=\"flex_column av_two_third  flex_column_div av-zero-column-padding first  avia-builder-el-2  el_after_av_heading  el_before_av_one_third  \" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock  '   itemprop=\"text\" ><p><strong>A Registered Disability Saving Plan (RDSP) is a registered investment plan intended to encourage long-term savings by and for persons with disabilities<\/strong>.<\/p>\n<blockquote>\n<p>\u00a0The core plan is modelled after the Registered Education Savings Plan (RESP) and its associated grant and bond incentive programs, but there are some significant differences. As with RESPs, money contributed to an RDSP is not tax-deductible, and government grants and bonds are deposited directly to the plan tax-free.<\/p>\n<\/blockquote>\n<p>Grants can be as much as 300% of personal contributions and bonds may be obtained without making any a personal contribution as long as an income test is satisfied. Earnings and growth on all deposits accrue tax-free. The beneficiary is the only person entitled to any payments. He or she is the person taxed on those payments, with the taxable amount reduced by the proportion of personal contributions. As well, there are absolutely no restrictions placed on the use of RDSP payments so long as they are received by the beneficiary or applied for his or her benefit The RDSP structure presents disabled persons and their families with a tax-effective means for long-term savings. Coupled with generous support from the CDSG and CDSB programs, these plans can be the central feature of the income and wealth management\u00a0plan for disabled beneficiaries.<\/p>\n<\/div><\/section><\/div><div class=\"flex_column av_one_third  flex_column_div av-zero-column-padding   avia-builder-el-4  el_after_av_two_third  el_before_av_hr  \" style='border-radius:0px; '><div  class='avia-image-container avia_animated_image avia_animate_when_almost_visible left-to-right av-styling-    avia-builder-el-5  avia-builder-el-no-sibling  avia-align-center '  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\"  ><div class='avia-image-container-inner'><div class='avia-image-overlay-wrap'><img decoding=\"async\" class='wp-image-3300 avia-img-lazy-loading-not-3300 avia_image' src=\"https:\/\/financial-advisory.ca\/wp-content\/uploads\/2015\/11\/educational_planning2-300x200.png\" alt='Educational Planning' title='Educational Planning' height=\"200\" width=\"300\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/financial-advisory.ca\/wp-content\/uploads\/2015\/11\/educational_planning2-300x200.png 300w, https:\/\/financial-advisory.ca\/wp-content\/uploads\/2015\/11\/educational_planning2-450x300.png 450w, https:\/\/financial-advisory.ca\/wp-content\/uploads\/2015\/11\/educational_planning2.png 680w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div><\/div><\/div><\/div><div  style='height:30px' class='hr hr-invisible   avia-builder-el-6  el_after_av_one_third  avia-builder-el-last '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"content-type":"","footnotes":""},"class_list":["post-3415","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages\/3415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/comments?post=3415"}],"version-history":[{"count":5,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages\/3415\/revisions"}],"predecessor-version":[{"id":3489,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages\/3415\/revisions\/3489"}],"wp:attachment":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/media?parent=3415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}