
Our committed RDSP expertise
For over 9 years, our Tax & Estate team has been committed to helping advisors and their clients maximize the benefits of the RDSP Program.
We’ve made it easy for over 50,000 Canadians to open an RDSP.
Many Canadians living with disabilities are not getting the financial help they need today, to ensure they are better-off tomorrow. Instead, an astounding 28% of Canadians who qualify have opened an RDSP since the program’s inception.* Those already benefitting from an RDSP see the shortfalls of the current system.
Mackenzie wants to help change that. We’ve worked diligently to become experts in this space, offering guidance, knowledge, and simplified our approach.
* Statistics Canada, Canadian Survey on Disability, 2017
An RDSP is a registered savings plan established by the Federal Government to assist families in saving for the long-term financial security of individuals with severe disabilities. Government matching and extra funding for low-income beneficiaries form part of the Plan. Contributions to the plan are not tax deductible, but the earnings grow tax free while held in the plan.
The account holder is the individual who opens the RDSP, makes contributions to the plan and authorizes third parties to contribute.
The beneficiary is the disabled person who will benefit from the RDSP
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
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This should not be construed as legal, tax or accounting advice. This material has been prepared for information purposes only. The tax information provided in this document is general in nature and each client should consult with their own tax advisor, accountant and lawyer before pursuing any strategy described herein as each client’s individual circumstances are unique. We have endeavored to ensure the accuracy of the information provided at the time that it was written, however, should the information in this document be incorrect or incomplete or should the law or its interpretation change after the date of this document, the advice provided may be incorrect or inappropriate. There should be no expectation that the information will be updated, supplemented or revised whether as a result of new information, changing circumstances, future events or otherwise. We are not responsible for errors contained in this document or to anyone who relies on the information contained in this document. Please consult your own legal and tax advisor.