Assets Rate Table

Assets

Updated: December 1, 2015

The asterisk indicates the most recent rate table changes
  Income Assistance Disability Assistance
Single Couple, and One or Two Parent families *Family Unit with One PWD Designation Family Unit with Two PWD Designations1
Basic Limits
Cash/Savings $2,000 $4,000 *$100,000 *$200,000
Vehicle One vehicle, $10,000 No limit
Registered Savings and Trusts Limits
Redeemable RRSP Not Exempt Not Exempt
Non-Redeemable RRSP

Exempt – see Assets and Exemptions

Exempt – see Assets and Exemptions

RESP No limit/exempt No limit/exempt
Trusts Trust asset limits only apply to individuals on IA if they are receiving accommodation or care in a private hospital or a special care facility Non-Discretionary: $200,000 *contribution
Discretionary: No limit
Trust Withdraw See Trusts
RDSP Not Applicable No limit
RDSP *Payment

RDSP *payment is exempt even if it is converted to a non-exempt asset.

It is the client’s responsibility to clearly document that the funds originated directly from an RDSP.

Self Employment/Business Assets
Self-Employment/ Business Asset

For both Income Assistance and Disability Assistance recipients participating in the ministry’s Self-Employment Program, please see the policy Self-Employment Program for PPMB and PWD

Both applicants or recipients are designated as persons with disabilities (PWD).

For more information on assets and asset exemptions, visit the Assets and Exemptions policy topic.