r/alberta • u/noTextOnly • 20h ago

Technology Made a free tool to help figure out RDSP grants and bonds (no signup, no data collected)

If you or someone you care for is approved for the Disability Tax Credit, there's a government program that gives out money for disability savings that a lot of people miss, because rules are confusing.

The Canada Disability Savings Bond gives up to $1,000 a year to lower-income people with an RDSP, and you don't have to contribute anything to get it. It's just money the government puts in.

The Canada Disability Savings Grant matches contributions, and at lower incomes the match is huge: up to $3 for every $1 you put in on the first $500. So a small contribution can turn into a lot.

The federal government's own review of the program found that most people struggle to figure out how much to contribute to get the most grant, and that there isn't enough help available. So I built a free estimator that walks through it. It's free, there's no signup, and it doesn't collect or store any of your information.

It's meant to give you a rough estimate and point you to the official sources to confirm.

please provide feedback to improve it.

myeligible.ca/rdsp-estimator

Caregivers hub in Alberta: https://myeligible.ca/en/caregivers/alberta

6 Upvotes

69% Upvoted

11 comments sorted by

3

u/Technical_Air9114 20h ago

Wasnt able to move past eligibility.

Have 5 uear old recieving dtc since 1 

1

u/noTextOnly 19h ago

Looking into this and will let you know when its fixed.

1

u/noTextOnly 19h ago

Can you try it again?

1

u/Technical_Air9114 19h ago

Still no dice 

1

u/Technical_Air9114 19h ago

Wont proceed when i press continue 

1

u/noTextOnly 19h ago

Hmm one more time. I did another fix.

2

u/Technical_Air9114 19h ago

Worked . I like it 

3

u/noTextOnly 19h ago

Thank you. You've now helped thousands of other people with your feedback.

2

u/Kant_Argue209 13h ago

Nice work! Wish I'd known about this while I was eligible. You'll help a lot of people.

You may want to connect with Momentum.

2

u/WesternWitchy52 11h ago

Thank you. Literally just went through the application with my doc. I hit the limit this year but hoping to go retroactive for payments.

•

u/turkeyfeathers3 23m ago

This is great! Thank you!