RDSP Match Questions

Hi everyone,

I recently had my DTC application approved and I’ve since opened an RDSP account. I’m excited at the prospect of receiving the generous match, but I’m still new to all of this.

Since I was eligible for the DTC since 2018, I am trying to get caught up on RDSP contributions now. Does anyone know how long it takes to receive the match? Do I need to fill out a form to apply for the grant? Any help would be appreciated as the bank employees are as green as I am.

Thanks in advance!

The bank did all the paperwork. The income based part was a little disappointing because it’s based on your income two years earlier so you were probably still working… For me part of the government funds were deposited right away but the bank screwed up cashing the cheque from me for a month. It was about two months till the rest came in.

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