Over the last few years, we’ve shared articles and tips to help you get ready to file your taxes. Here is a reminder of those pieces and some other links that you might find useful: Canada Life’s Policy Regarding Tax Slips and Statements Where to find your tax receipts for RRSP contributions. Each year [...]
Analysis provided by Canada Life Global central banks made a major shift in 2024 to start rate-cutting cycles as inflation eased. Interest rates are expected to keep declining, although there’s still a risk inflation could rise again. Based on incoming economic data and in response to slower economic growth, the Bank of Canada and [...]
Each year when we spring forward or fall back, we’re reminded to check the batteries in our fire alarms. This also a good time to do a check up on your financial arrangements. For example: Have you designated your beneficiary? If you have, are you still happy with your choice or is it time [...]
Did you know that CEIRP members can access will and estate planning services from Canada Life? These important decisions for the later part of your life are also essential to a comprehensive financial plan. Just log on to My Canada Life at Work and then click on “Options for You”, and then "Protect your [...]
One of the most common calls that the Canada Life call centre receives is about transferring money between a Non-Registered Savings Plan (NRSP) and Registered Retirement Savings Plans (RRSP), especially near the end of the year. Now members can manage the process themselves just from this screen. No forms are required. For additional help, [...]
The first step to managing your debt is to understand the difference between good debt and bad debt. Good debt helps you to build on an asset, like your mortgage or to finance your education. Bad debt occurs when you borrow money to purchase an item that reduces in value over time. Credit card [...]
Spreading your savings between multiple financial institutions can make managing your investments unnecessarily complicated. Consider consolidating them into CEIRP. Here's how. 1) Book a meeting with a Canada Life wealth consultant who are available Monday to Friday between 8am and 8pm ET. They will: Complete the required transfer form(s) Sent the form(s) to you [...]
Get flexibility in how and where you access your group savings information with Canada Life’s member site: My Canada Life at Work™. Managing your savings is easy with My Canada Life at Work. Access your plan information where and when you want. Set a retirement goal and track your progress. Make contributions. Find savings [...]
January is the beginning of the RRSP season. The deadline this year is March 3, which is a Monday. Download all the important dates here: 2024-25 Deadlines for RRSP and TFSA Contributions The next CEIRP Onboarding Presentation will be held on January 27 at 1pm EST. Registration invitations will be sent out shortly. If [...]
This edition of the Member Spotlight focuses on two CEIRP members who emigrated to Canada. First, we met with Cici Clancy of DGC Ontario who arrived from Ireland in 2017. And then we met with Celest Prodon of IATSE 856, who emigrated from Nigeria and settled in Winnipeg forty-four years ago. In [...]
