Disability savings

People with disabilities and their families face financial challenges throughout their lives. A Registered Disability Savings Plan (RDSP) provides you with assisted long-term savings and tax-deferred investment growth.


  • A Canadian resident
  • Under the age of 60
  • Eligible for the Disability Tax Credit (DTC)
  • Have a valid SIN

Anyone can make a contribution to an RDSP with the holder's written consent. Contributions are not tax-deductible but the earnings on contributions grow tax free while held in the RDSP.

There is no annual contribution limit. The maximum lifetime contribution is $200,000 and contributions must stop by the end of the year the beneficiary reaches age 59.

In addition to RDSPs, the government also offers savings grants and savings bonds. Be sure to ask us for details.

To learn more or to start an RDSP, you can:


Apply Now

From the desk of our CEO

Federal Continuance

For information on upcoming changes to DEPOSIT INSURANCE if we become a federal credit union, see our disclosure notice. Creditors who have concerns may contact Innovation Credit Union.

Caring Company