RDSP Grant & Bond
CanadaEstimate the Canada Disability Savings Grant (CDSG) and Canada Disability Savings Bond (CDSB) for an RDSP. Grant: 300% on first $500, 200% on next $1,000 (max $3,500/year). Bond for low income. Beneficiary must be eligible for the DTC. RESP.
Grant $3,500 + Bond $1,000
Lifetime cap $70,000
Lifetime cap $20,000
RDSP lifetime contribution limit: $200,000. ESDC determines eligibility. See Canada.ca for RDSP, CDSG, and CDSB rules.
About this calculator
This calculator estimates the Canada Disability Savings Grant (CDSG) and Canada Disability Savings Bond (CDSB) for a Registered Disability Savings Plan (RDSP). RDSPs help Canadians who are eligible for the Disability Tax Credit (DTC) save for the long term; the government adds money through matching grants (CDSG) and, for lower-income beneficiaries, bonds (CDSB). Use it to see how much government support you could receive this year based on your contribution and family income.
How it works
CDSG (grant): The government matches contributions at 300% on the first $500 and 200% on the next $1,000 of contributions per year, up to a maximum of $3,500 in grant per year. There is a lifetime grant cap of $70,000 per beneficiary. We use your contribution this year and any grant already received to estimate this year's CDSG.
CDSB (bond): The Canada Disability Savings Bond is paid by the government to RDSPs of eligible low-income beneficiaries; no contribution is required to receive the bond. The amount depends on family net income and other eligibility rules set by Employment and Social Development Canada (ESDC).
The RDSP has a lifetime contribution limit of $200,000. The beneficiary must qualify for the DTC. Grant and bond amounts and eligibility are determined by ESDC; confirm with Canada.ca and your RDSP issuer. Not financial or tax advice.
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