If you lose Disability Tax Credit approval

If you lose Disability Tax Credit approval

On this page

When the beneficiary does not have DTC approval

Starting in 2021, if a beneficiary loses approval for the Disability Tax Credit (DTC), their plan will remain open. However, during this time:

You do not have to repay the grants and bonds that are in the plan solely due to the loss of DTC approval.

Making withdrawals without DTC approval

Money from the plan can still be withdrawn at the request of the holder. Withdrawals may still be subject to repayment depending on your age and when you lost DTC approval.

If the beneficiary regains DTC approval

If the beneficiary regains DTC approval, the plan will operate normally and contributions can be made.

Page feedback
Did you find what you were looking for?

If not, tell us why below:

What was wrong?

You will not receive a reply. Telephone numbers and email addresses will be removed.

Thank you for your feedback.

Date modified: