Explaining the Registered Disability Savings Plan (RDSP)
RDSPs can be an effective way to cover long-term healthcare costs for someone who lives with a disability. Here are the most important things to know.
The Registered Disabilty Savings Plan (RDSP) was created to help Canadians with disabilities and their families save for future financial needs, especially healthcare costs. An RDSP can be an effective way to grow your savings for the long term, but it comes with specific rules and conditions that are important to understand.
In this video, we break down the most important things to know about RDSPs.
How we can help
Talk with an Edward Jones advisor to find out if a Registered Disability Savings Plan is the right way to help you or your loved one save for long-term healthcare and living expenses, and if it works for your overall financial strategy.