On March 19, 2019, the Federal Government eliminated the requirement to close your Registered Disability Savings Plan (RDSP) if you are no longer eligible for the Disability Tax Credit (DTC). The RDSP rules are still quite technical, but the plan is now an even better opportunity for disabled people.
Here’s a link to the summary of the changes on the Government of Canada’s website.
Note that if you are 49 or younger this calendar year, you may be eligible for bonds and grants from the government.
If you are between 50 & 59 this calendar year, you can still benefit from opening an RDSP as it may offer opportunities to some disabled people (e.g. tax deferral; rollover/tax deferred from parent/grandparent’s RRSP/RRIF; income excluded from government claw backs in most cases).
Check it out!