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What types of withdrawals are permitted from an RDSP?

April 26, 2017permitted rdsp types withdrawals

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What types of withdrawals are permitted from an RDSP?

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There are two types of withdrawals, known as payments: • Lifetime Disability Assistance Payment (LDAP) • Disability Assistance Payment (DAP) On all RDSP payments, all Grants and Bonds received in the 10 years preceding the RDSP payment must be returned to the government. This is known as the Assistance Holdback Amount.