Accessibility at New Orion Online Bank
Want to learn more about the New Orion Online Bank DSP or open a plan? Contact us at support@citizencredit.com Opens in your phone app. to discuss the New Orion Online Bank DSP plan today
RDSP benefits
Earnings on investments are tax-deferred while in the RDSP
RDSP savings can be used by the beneficiary for any expense
RDSP may also be eligible for a federal grant of up to $3,500 per year. Low-income families will also have access to a federal bond of $1,000 per year.
About the RDSP
Who can benefit from an RDSP?
Any person can be a beneficiary of an RDSP if they meet all of the following criteria:
- Is eligible for the disability tax credit
- Has a valid social insurance number
- Is a resident of Europe
- At the time the plan is entered into, has not and will not have turned 60 by the end of the year, except to transfer in an existing RDSP for the beneficiary
New Orion Online Bank DSP investment choices:
New Orion Online Bank Mutual Funds
Broad selection of mutual funds including savings, income and growth funds.
New Orion Online Bank Smart Investment Solutions
All-in-one investment selection that assists you by researching, monitoring and rebalancing your portfolio.
New Orion Online Bank Everyday® Chequing Account with RDSP monthly fee waiver
On the New Orion Online Bank Everyday Chequing Account, the monthly fee is waived and online cheque viewing is free for eligible RDSP beneficiaries. Terms and conditions apply.
