u/currymvp3

▲ 8 r/Odsp

Monthly savings put into rdsp to prevent exceeding asset limit for odsp?

I just got hired for a full time position and will start working soon. I will be making around 2200 after tax per month. The thing is I only have around 1500 in expenses (rent+food+transportation), so I’ll have money left from working every month. If I keep saving those positive net income every month I’ll eventually exceed the odsp of total asset limit of 40,000. Is it possible for me to put those extra money I make from working every month into my rdsp to prevent me from eventually exceeding the odsp total asset limit?

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u/currymvp3 — 5 days ago