A Registered Disability Savings Plan (RDSP) is a Canadian government-registered savings program designed to help individuals with disabilities and their families save for long-term financial security. Contributions to an RDSP are not tax-deductible, but investment growth is tax-deferred, allowing savings to grow over time. The federal government enhances these accounts through the Canada Disability Savings Grant (CDSG) and Canada Disability Savings Bond (CDSB), which provide additional matching contributions and grants for eligible low- and modest-income beneficiaries. RDSP funds can be invested in a variety of vehicles, including stocks, bonds, Seg funds, mutual funds, ETFs, and GICs, giving flexibility to suit individual goals and risk tolerance. Withdrawals are generally taxable in the hands of the beneficiary, not the contributor, making the RDSP an effective tool for long-term financial planning. It also provides peace of mind, ensuring financial support for Canadians living with disabilities well into the future.