Ensure the long-term financial security of a person with a severe and prolonged disability.
Is this savings plan for you?
Main feature :Allows you to build financial security for yourself or your loved ones with severe and prolonged disabilities
Maximum contribution :$200,000 for life
Contributions may qualify beneficiary for :
|Deposit amount and frequency||
Since earnings grow tax-free, it is best to invest at the beginning of the year.
|Beneficiaries||The plan must have only one beneficiary. This beneficiary may only have a single plan at any one time.|
CDSG and CDSB amounts depend on the beneficiary’s net family income.