October is RDSP Awareness Month!
What is the RDSP?
The Registered Disability Savings Plan (RDSP) is the world’s first savings plan designed for people with disabilities. Even with little to no personal contributions, government contributions can be significant. For people with low income (less than $32,028), the federal government will deposit up to $1000 each year for 20 years!
Everyone should be talking about the RDSP!
Unfortunately, we know this isn’t the case. Even with the financial security that it can provide, many people who qualify still don’t have an RDSP. Being approved for the DTC is the most important thing to have before you can open an RDSP, and can allow eligible people with disabilities to access many other benefits and credits.
People with disabilities should not face disproportionate barriers to achieving financial security. This month, the Access RDSP partnership between DABC, Plan Institute, and BCANDS celebrates the RDSP by discussing its potential to reduce poverty and promote financial security.
Help Us Spread the Word!
We hope you join us in spreading the word so that everyone eligible can access the RDSP. Visit www.rdsp.com to find out how you can get the word out, engage with us here on Facebook and on Twitter at @DisabAllianceBC using the hashtag #RDSPAwareness, and encourage people who would benefit from the RDSP to find out more.
Together, let’s get everyone talking about the RDSP.