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Who can set up an RDSP?

April 26, 2017rdsp

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Who can set up an RDSP?

1 Answer

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A legal parent, guardian, tutor, curator or an individual who is legally authorized to act on behalf of the beneficiary is eligible to set up an RDSP. A public department, agency or organization that is legally authorized to act on behalf of the beneficiary may also be named as an account holder. Additionally, a beneficiary who has reached the age of majority and is legally competent can open an RDSP and become a holder of the plan.