RDSP Calculator – Help Guide
The Registered Disability Savings Plan (RDSP) calculator helps Canadians with disabilities and their families plan long-term savings. The government provides matching grants (CDSG) up to $3,500/year and Canada Disability Savings Bonds (CDSB) up to $1,000/year based on income.
How to Use This Tool
- 1
Enter the beneficiary's age
RDSP contributions and grants are available until the beneficiary turns 59. The account must be converted to payments by age 60.
- 2
Enter current RDSP balance
Enter any existing savings in the RDSP account.
- 3
Enter annual family income
The amount of CDSG and CDSB received depends on the beneficiary's (and for those under 18, the family's) net income.
- 4
Enter planned annual contributions
Enter how much you plan to contribute each year.
- 5
Review projected balance with grants
The calculator shows your projected RDSP balance including government grants and bonds.
Helpful Tips
- •Contribute at least $1,500/year to receive the maximum CDSG of $3,500 if family income is under $106,717 (2025).
- •Unused CDSG and CDSB room can be carried back 10 years. Open the account early to maximize lifetime grants.
- •The lifetime RDSP contribution limit is $200,000. There is no annual limit on contributions.
- •Grants and bonds are subject to a 10-year holdback rule. Repayment is required if withdrawals are made within 10 years of the last grant/bond received.
Frequently Asked Questions
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