RDSP, grant and bond issuers

Disclaimer: RDSP issuers

The information contained on this page is technical in nature. The target audience are issuers of:

  • Registered Disability Savings Plan (RDSP)
  • Canada Disability Savings Grant (CDSG)
  • Canada Disability Savings Bond (CDSB)

For general information, visit the RDSP section.

Consult this page frequently for newer versions. The following laws and regulations take precedence over information contained in InfoCapsules in the event of discrepancies:

  • Income Tax Act
  • Canada Disability Savings Act
  • Canada Disability Savings Regulations

Employment and Social Development Canada (ESDC) is responsible for the administration and delivery of the CDSG and the CDSB into RDSPs. This site provides RDSP providers with information to administer the grant and bond. Questions about this content? Please contact us.

Please visit our information bulletins section to find important information about RDSPs changes.

Systems Documentation

Systems Documentation

User Guides and Publications

User Guides and Publications

  • InfoBulletins: Provides information about updates and changes to Registered Disability Savings Plan.
  • InfoCapsules: One-page quick-reference documents that explain the Registered Disability Savings Plan, the Canada Disability Savings Grant and the Canada Disability Savings Bond.
  • RDSP - Userguide: RDSP Provider User Guide provides information about RDSPs and the disability savings incentives administered by ESDC. It also assists the financial industry to successfully complete and submit RDSP transactions.
Forms

Forms

Application Forms

Revocation Form

Registered Disability Savings Plan (RDSP) Transfer

Issuer Enrolment Process

Issuer Enrolment Process

In order to become an Issuer of Registered Disability Savings Plan (RDSP), Canada Disability Savings Grant (CDSG) and Canada Disability Savings Bond (CDSB), there are a number of steps to follow.

Please note these steps are not necessarily in sequential order and some may be completed simultaneously:

  • The Issuer submits their Specimen Plan(s) to the Canada Revenue Agency (CRA) for approval and advises the Canada Education Savings Program (CESP) accordingly.
  • The Issuer completes and/or submits the following documents to CDSP for the signing of the agreement including:
    • RDSP Issuer Identification Form
    • RDSP Agent Identification Form (if applicable)
    • Proof of Signing Authority
    • Extract of the Agency Agreement (if applicable)
    • Notice of Delegation of Duties to an Agent (if applicable); and
    • Direct Deposit Form
  • The Issuer requests a Training Session from RDSP
  • The Issuer completes Industry Testing of the CDSP system
  • The Issuer signs an agreement for the purpose of the exchange of information and the payment of the Grant and the Bond with Employment and Social Development Canada (ESDC)
Training

RDSP issuer training

Your organization needs RDSP training! Please send us a request.

Virtual group training (instructor-led)

Here are the training descriptions:

RDSP fundamental principles training series

Schedule: The following sessions are about an hour long.

1. Opening an RDSP

  • This session covers the rules and requirements on how to open an RDSP account

2. CDSG and CDSB

  • This session covers the following topics: CDSG and CDSB, rollovers, shortened life expectancy, carry forwards and the Specified Disability Savings Plan rule

3. Withdrawals and repayments

  • This session covers the following topics: assistance holdback amount repayment, loss of Disability Tax Credit, proportional repayment, disability assistance payment, lifetime disability assistance payment, SDSP and formulas

4. Transfers and closure

  • This session covers the receiving/relinquishing issuer responsibilities when it comes to transfers and closing an RDSP

Participants for this training series typically include:

  • financial advisors
  • sales representatives
  • call-center agents
  • administrative staff or staff that needs to understand how RDSP work

Our training remains high level and intended for those, with little to no experience with RDSPs. Therefore, we recommend completing the training in the order listed above. Should you be more experienced and looking for a refresher, please register for any session that interests you.

Processing of RDSP transactions

(Prerequisite: RDSP fundamental principles training series)

This course focuses on transactional and system information throughout the production cycle. Participants will be able to apply trouble-shooting techniques and solve common processing problems. Participants for this course typically include:

  • system analysts and developers
  • data integrity and compliance staff
  • trainers
  • administrative services staff who interpret error reports

Training courses

This training is for representatives of financial institutions that administer RDSPs and not for the general public.

Please note that these sessions will take place virtually in Eastern Time (ET).

Table 1: RDSP fundamental principles training series
Course name Date Time Language
Opening an RDSP September 8, 2022
November 3, 2022
1:30 p.m.
9:00 a.m.
English
English
CDSG and CDSB September 15, 2022
November 10, 2022
1:30 p.m.
9:00 a.m.
English
English
Withdrawals and repayments September 22, 2022
November 17, 2022
1:30 p.m.
9:00 a.m.
English
English
Transfers and closure September 29, 2022
November 24, 2022
1:30 p.m.
9:00 a.m.
English
English

Table 2: Processing of RDSP transactions
Course name Course part # Date Time Language
Processing of RDSP transactions Part 1
Part 2
Part 3
December 1, 2022
December 8, 2022
December 15, 2022
1:30 p.m.
9:00 a.m.
9:00 a.m.
English
English
English

To register, please complete the contact form and indicate:

  • the training dates
  • your organization's name
  • number of years of experience working with RDSPs
  • the number of participants from your organization (up to 5 participants per issuer)

Note: If you can no longer attend our virtual training, please advise us as soon as possible, as space is limited.

eLearning videos (self-directed)

These videos will help you learn the basic concepts about disability savings, such as the CDSG, and the CDSG.

It is also a helpful resource for employees of RDSP issuers that only require high-level details, such as:

  • tellers and front-line staff
  • tax and estate planners, and
  • file managers
Report a problem or mistake on this page
Please select all that apply:

Thank you for your help!

You will not receive a reply. For enquiries, contact us.

Date modified: