The Government of Canada puts money into the RDSPs of eligible beneficiaries from families earning up to about $ 39,000 a year. This is done through the Canada Disability Savings Bond. No matching contributions from the beneficiary are required. If the family income of an RDSP beneficiary is less than $ 21,947 per year, the beneficiary’s RDSP may be eligible to receive $1,000 a year to a lifetime limit of $20,000. The amount of the Bond money declines as family income rises. RDSP beneficiaries are no longer eligible to receive a Bond if their family incomes are $ 39,065 or above. But they may be eligible to receive Grant money. (see below)

Bond money is paid into an RDSP until the year the beneficiary turns 49 years old. To receive Bond money, beneficiaries or the family must file tax returns regularly. For details on this and other aspects of the Canada Disability Savings Bond, please visit www.disabilitysavings.gc.ca and click COMPAS’ RDSP Q’s and A’s.

Money for All Canadians with an RDSP—
Canada Disability Savings Grant

RDSP beneficiaries may be eligible to receive matching Grant money through the Canada Disability Savings Grant. To a maximum of $3,500 each year with a lifetime limit of $70,000, the Government will contribute a matching Grant. The amount of the matching Grant depends on the amount contributed and the Beneficiary’s Family Income. For example, if the Beneficiary's Family Income is $ 78,130 a year or less:

• For the first $500 contributed each year to the RDSP, the Government will deposit $3 for every $1 contributed, up to $1,500 a year.
  
• For the next $1,000 contributed each year to the RDSP, the Government will deposit $2 for every $1 contributed, up to an additional $2,000 a year.

To receive Bond money, beneficiaries or the family must file tax returns regularly. For more information, please visit www.disabilitysavings.gc.ca and click COMPAS’ RDSP Q’s and A’s.