How do I withdraw money from my TD Direct Investing Registered Disability Savings Plan (RDSP)?
The RDSP is a long-term savings plan. The grants and bonds are intended to encourage savings and must remain in an RDSP for at least 10 years. Whenever money is withdrawn from an RDSP, all grants and bonds paid into the RDSP during the 10 years before the withdrawal must be repaid to the Federal Government. It is extremely important that you fully understand all the regulatory and/or tax consequences regarding the withdrawal request and you may want to speak with your tax advisor first.
To obtain and complete the RDSP Withdrawal form, please visit your nearest TD Canada Trust branch or TD Direct Investing location.