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Contributions to RDSPs are not tax deductible, but savings grow tax free best online isa share dealing account the plan. There is no tax on investment earnings, as long as they stay in the plan. Depending on where this type of plan is opened, you can hold a variety of investments.
Contributions to RDSPs can be made until the beneficiary is 59, and up to age 49, the beneficiary may qualify for government grants and bonds.
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