RDSP Income Matching Rates for 2015

Purpose

The purpose of this Information Bulletin is to inform issuers and trustees of the new RDSP income matching rates for 2015.

2015 Income matching rates

The Canada Revenue Agency has published the 2015 indexation adjustments for personal income tax and benefit amounts. Based on these published amounts, the income matching rates for Registered Disability Savings Plans (RDSP) for 2015 are as follows:

“Phase out income” – refers to the income level above which the annual amount of Canada Disability Savings Bond payable begins to decrease.

$26,021

“First threshold” – refers to the income level that, when reached or exceeded, the annual amount of Canada Disability Savings Bond payable is nil.

$44,701

“Second threshold” – refers to the income level below which or equal to the matching grant in a particular year will be 300% of the first $500 in contributions and 200% of the next $1,000 in contributions; or, above which the matching grant will be 100% of the first $1,000 in contributions.

$89,401

These income levels will be used when processing all transactions dated January 1, 2015 or later.

Current and previous years

The following table lists the threshold matching amounts for all years in which RDSPs were available:

Contact us

Questions on this Information Bulletin should be directed to Employment and Social Development Canada by e-mail at rdsp-reei@hrsdc-rhdcc.gc.ca or by calling 1-866-204-0357.