Canada Registered Disability Savings Plan 2025: RDSP Eligibility, New Rules

The Canada Registered Disability Savings Plan 2025 is a long term savings plan where the disabled Canadian residents can save their funds through contributions. Till the age of 59 years, the disabled residents can contribute to this plan and only those who qualified for the Disability tax credit can contribute in this plan. The contributions made to this are not tax deductible and the contributions that are withdrawn will not be taken as income. Let’s see who qualifies for this plan and what are new contribution rules and income limits. 

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Canada Registered Disability Savings Plan 2025

The Canada Registered Disability Savings Plan 2025 can be opened via the RDSP issuers. Under this RDSP, the three assistance payments are made including Disability assistance payments, direct transfers, repayments under the CDSA. The beneficiaries must only have one savings plan at a time. As the DTC approved beneficiaries can only contribute which means the beneficiaries must firstly have a certificate from a medical practitioner. 

Canada RDSP 2025 – Overview 

Post Title	Canada Registered Disability Savings Plan 2025
Year	2025
Country Name	Canada
Benefit Name	Registered Disability Savings Plan
Offered By	Services Canada / Canada Revenue Agency
Who Qualifies?	Disabled Residents in Canada who approved to get Disability tax credit
Purpose	To save funds for long term or for retirement
Contribution Age Limit	59 Years
Contribution Limit	$2,00,000 for lifetime
Income Limits	Phase out income: $37,487 Per annum First Threshold: $57,375 Per annum Second Threshold: $1,14,750 Per annum
Category of the Post	Finance
Official Web Portal	www.canada.ca

• ⁠⁠$2000 Direct Check For Pensioners In Canada 2025
• GIS Benefit June 2025
• $1200 OAS, $100 CPP & $800 GIS Payment June 2025

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Canada.ca RDSP Eligibility 2025 

• The beneficiaries must be DTC approved which means the beneficiaries firstly qualifies for Disability tax credit and must have a medical certificate from a practitioner. 
• The beneficiaries must hold a valid SIN. 
• The beneficiaries must also hold Canadian residency when entering into the savings plan.  
• The beneficiary must have age under 60 which means this plan can be opened before the age of 59 years. 
• This age requirement under this savings plan is not applicable when a beneficiary savings plan is opened via transfer from another beneficiary. 
• Anyone who has written permission of the savings plan holder can contribute to this plan. 

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Registered Disability Savings Plan New Rules 2025 

RDSP Contributions Limits 2025: The beneficiaries do not have any annual limit for the contribution to this savings plan. But the overall lifetime limit for the contribution is $2,00,000 which means any beneficiary in their lifetime until the age of 59 years can contribute up to $2,00,000. This $2,00,000 includes all the previous contributions or any rollover. The beneficiaries can only contribute till age 59 years. 

RDSP Income Limits For 2025: 

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• Phase Out Income: The beneficiaries who earn up to $37,487 per annum can get full savings bond amount but when the annual income gets over this amount, then the savings bond amount begins to lower. 
• First Threshold: If beneficiaries earn over $57,375 then the annual payment of the savings bond is nil. 
• Second Threshold: The income below or equal to $1,14,750 then the matching grant will be 300% for the first $500 contributions and then the matching grant will be 200% for the next $1000 contributions. When the earnings are over $1,14,750 then the matching grant will be hundred percent for the first $1000 contributions. 

RDSP Transfer Rules 2025: 

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• The amount can be transferred from one savings plan to another savings plan when the transfer is made directly from the current RDSP beneficiary to a new RDSP of the same beneficiary. 
• The amount will be only transferred if all the current RDSP holders agree to transfer. 
• All funds should be transferred from the current RDSP to the new savings plan. 
• The current savings plan must be terminated immediately after the transfer to another savings plan. 

FAQ Related To Canada Registered Disability Savings Plan 2025