12-06-2026 09:11 via moneysense.ca

How do you take RDSP withdrawals?

Registered disability savings plans (RDSPs) were created in the 2007 federal budget, and the first accounts were opened in December 2008. It took a while for financial institutions to offer them and, even now, you cannot open RDSPs everywhere. Most Canadians with RDSPs have only ever deposited money. This is a primer on withdrawing from these specialized accounts.Opening an RDSPIf you qualify for the disability tax credit (DTC), you can open an RDSP. The disability tax credit is a non-refun
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