PDA

View Full Version : RDSP Question


EARTHY
May 29th, 2009, 02:31 PM
After 49, you don't get any bonds or grants from the government, so what do you do with the plan? However you can continue to make private contributions up to age 59.

What do private contributions earn/gain?

budfrogs
May 29th, 2009, 03:34 PM
It will grow tax deferred until you take it out.

It also means it will not count as an asset towards government program limits which is a BIG one.