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Can a beneficiary lose their eligibility for a RDSP?

April 26, 2017Beneficiary eligibility lose rdsp

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Can a beneficiary lose their eligibility for a RDSP?

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Yes, if beneficiary is no longer deemed eligible for the Disability Tax Credit. Upon loss of eligibility, the RDSP must be collapsed and all Grants and Bonds received in the 10 years preceding the beneficiary’s loss of DTC eligibility must be returned to the government.