CA Tax Tools

RDSP Withdrawal Repayment Calculator

Estimate the government assistance repaid before requesting a DAP or LDAP.

01WITHDRAWAL INPUTS

Grants and bonds paid in the preceding 10 years, less repayments.

02REPAYMENT RESULT

Grant and bond repayment

$3,000

$3 for each $1 withdrawn, up to the holdback amount

Beneficiary receives

$1,000

Total reduction in plan

$4,000

Estimated balance $46,000

This estimates the proportional repayment only. PGAP payment limits, LDAP minimums, shortened-life-expectancy elections, death, closure and non-compliance use additional rules. Confirm the issuer's calculation before requesting a payment.
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Frequently asked questions

How much grant and bond is repaid on an RDSP withdrawal?

The proportional repayment is $3 for every $1 withdrawn, capped at the assistance holdback amount: grants and bonds paid in the preceding 10 years, less amounts already repaid.

Can repaid RDSP grants and bonds be restored?

No. Grants and bonds repaid because of an RDSP withdrawal cannot be reinstated.

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