It’s RRSP Season!
If you offer a Group Registered Retirement Savings Plan (RRSP) to your plan members, now is the perfect time to promote this tax efficient way of saving for retirement.
March 3, 2014 is the last day members can contribute for use in the 2013 tax year. As many people consider making lump sum contributions during this time of year, reminding members of this upcoming deadline is an opportunity to communicate the value of the program.
Contribution receipts are issued as follows…
|Contribution Period||Receipt Issue Date|
|March 2013 – December 2013||January 2014|
|January 2014 – March 2014||March 2014|
If a member misplaces their receipt, copies are available for print on their online member account.
Note: A fee may be attached to a request made through the insurance company call centre.