Are segregated funds a qualified investment for a Registered Disability Savings Plan?
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Our response:
Segregated funds may be considered a qualified investment according to the Canada Revenue Agency (CRA) as it pertains to a Registered Disability Savings Plan and other registered plans. It may be helpful to review CRA publication Income Tax Folio S3-F10-C1, Qualified Investments – RRSPs, RESPs, RRIFs, RDSPs and TFSAs which sets out the common types of qualified investments and tax consequences for non-qualified investments.
If you have further questions we suggest you contact the Canada Revenue Agency (CRA) who regulate registered products. It may be helpful to speak with a registered financial representative or tax professional for advice.
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