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Current age
RDSP current value (maximum value $1,000,000)
|
5
|
Family income
This amount is used to determine eligibility for the CDSG and CDSB. Until 18, the grand and bond amounts are calculated using the combined income of the parents/guardians. After 18, they are calculated using the beneficiaries own income plus their spouse's income, if applicable. |
Family income until age 18 (maximum value $500,000)
Family income from age 19 (maximum value $500,000)
|
100,000
Family income
This amount is used to determine eligibility for the CDSG and CDSB. Until 18, the grand and bond amounts are calculated using the combined income of the parents/guardians. |
|
25,000
Family income
This amount is used to determine eligibility for the CDSG and CDSB. After 18, they are calculated using the beneficiaries own income plus their spouse's income, if applicable. |
|
0
RDSP Current Value
Enter the current value, including all contributions, grants, bonds and growth. |
Enter RDSP, CDSG and CDSB principal amounts? |
Enter Principal Amounts?
If this is a new RDSP, select No. Otherwise, select Yes and enter the principal amounts since there are lifetime contribution limits. |
RDSP principal (maximum value $200,000)
CDSG (Canada Disability Savings Grant) principal (maximum value $70,000)
CDSB (Canada Disability Savings Bond) principal (maximum value $20,000)
|
0
RDSP Principal
Enter the total amount contributed to the RDSP so far. Do not include grants, bonds or growth. |
|
0
CDSG principal
Enter the total amount received for the Canada Disability Savings Grant. |
|
0
CDSB Principal
Enter the total amount received for the Canada Disability Savings Bond. |
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Annual RDSP contribution (maximum value $200,000)
Start contributions at age
Stop contributions at age (maximum value 59)
Single lump sum RDSP contribution (maxium value $200,000)
Made at age
Rate of return (maximum value %)
|
1,500
RDSP Contribution
There is no annual contribution limit but there is a lifetime limit of $200,000 |
|
5
|
|
49
Stop age
Contributions can be made until the end of the year in which the beneficiary turns 59. |
Made at the start or end of year? |
|
|
0
|
|
45
|
|
5.00%
|
Change the annual RDSP contribution? |
|
New annual RDSP contribution (maximum value $200,000)
New contribution starts at age
New contribution ends at age
|
1,500
|
|
49
|
|
49
|
Change rate of return? |
|
New rate of return (maximum value %)
Change at age
|
2.00%
|
|
60
|
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Start regular RDSP withdrawals at age (maximum value 60)
Single lump sum RDSP withdrawal (maxium value $200,000)
Made at age
|
60
Start withdrawals age
Regular withdrawals must begin by December 31 of the year the beneficiary turns 60. |
|
0
|
|
40
|
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Personal contributions to RDSP | |
CDSG grant government | |
CDSB from government | |
Total contributions and grants | |
Value of RDSP when withdrawals start at age | |
Average annual withdrawal from age to age 80 |
RDSP Value Over Time
$16,000
$12,000
$8,000
$4,000
$0
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Assumptions
All calculations are before taxes and are done until age 80.
Disclaimer
All calculations are before taxes and are done until age 80.
Disclaimer