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What happens if the beneficiary no longer has a severe or prolonged impairment in mental or physical functions?

April 26, 2017Beneficiary functions happens impairment longer mental physical prolonged severe

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What happens if the beneficiary no longer has a severe or prolonged impairment in mental or physical functions?

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The RDSP must be closed no later than the end of the calendar year following the first full calendar year that the beneficiary is no longer considered mentally or physically impaired. Any funds remaining in the RDSP after any required repayment of bonds and grants will be paid to the beneficiary.