Complete the following checklist to see if you are ready to open your RDSP.

  1. Do you live in Canada?
  2. Do you have your Social Insurance Number? (Remember to bring it with you along with another piece of valid picture identification.)
  3. Have you been approved for the DTC?
  4. Have you chosen your financial institution?
  5. Do you know who will be the holder of your RDSP?

You do not need to bring a copy of your DTC or income tax returns—the financial institution and government will take care of this. The financial institution will ask you to fill out a bank form as well as forms for the grant and bond. If you do not want to receive the grant or bond, do not fill out those forms.