Registered Disability Savings Plan (RDSP) Income Matching Rates for 2014

Disclaimer: RDSP issuers

The information contained on this page is technical in nature and is intended for Registered Disability Savings Plan (RDSP), Canada Disability Savings Grant (grant) and Canada Disability Savings Bond (bond) issuers. For general information, visit the RDSP section.

Official Title: Registered Disability Savings Plan (RDSP) Income Matching Rates for 2014

Information Bulletin

Number
CDSP/PCEI-2013/14-003-152
Date
December 19, 2013
Subject
Registered Disability Savings Plan (RDSP) Income Matching Rates for 2014

Purpose

New Registered Disability Savings Plan (RDSP) Income Matching Rates for 2014.

2014 Income matching rates:

The Canada Revenue Agency recently published 2014 indexation adjustments for personal income tax and benefit amounts. Based on these published amounts, the income matching rates for Registered Disability Savings Plans (RDSP) for 2014 are as follows:

“phase out income” – refers to the income level above which the annual amount of Canada Disability Savings Bond payable begins to decrease.

$25,584

“first threshold” – refers to the income level that, when reached or exceeded, the annual amount of Canada Disability Savings Bond payable is nil.

$43,953

second threshold” – refers to the income level below which or equal to the matching grant in a particular year will be 300% of the first $500 in contributions and 200% of the next $1,000 in contributions; or, above which the matching grant will be 100% of the first $1,000 in contributions.

$87,907

These income levels will be used when processing all transactions dated January 1, 2014 or later.

Current and previous years

The following table lists the threshold matching amounts for all years in which RDSPs were available:

“phase out income” “first threshold” “second threshold”
2014 $25,584 $43,953 $87,907
2013 $25,356 $43,561 $87,123
2012 $24,863 $42,707 $85,414
2011 $24,183 $41,544 $83,088
2010 $23,855 $40,970 $81,941
2009 $23,710 $40,726 $81,452
2008 $21,287 $37,855 $75,768

Contact Us

Questions on this Information Bulletin should be directed to the Canada Disability Savings Program by e-mail at rdsp-reei@hrsdc-rhdcc.gc.ca or by calling 1-888-276-3632.