Twenty years ago, when CEIRP was first created, the purpose was simple — to help members to save for a comfortable retirement. Each of us have a dream of what our retirement might be like. Maybe it’s spending your time with friends and family. Or travelling the world. Or you might choose to take [...]
Canada Life has launched a new webpage that you can bookmark to see the dates of upcoming multi-employer education sessions. You can also enter your email address to get notification of when registration opens, which is great for those members who either didn’t provide an email address to Canada Life or who opted-out of [...]
Looking for your RRSP contribution tax receipts? Find them on My Canada Life at WorkTM When tax season arrives, your tax receipts indicate the amount of RRSP contributions you can claim. To find the tax receipts related to your group RRSP: Sign in to your group savings plan at mycanadalifeatwork.com From the menu on the [...]
2024 is a leap year – which means you have until Feb. 29 to contribute to your registered retirement savings plan (RRSP). Why contribute? Putting money into an RRSP can help lower your income taxes today, while saving for tomorrow. Also, money saved in an RRSP grows tax-free. You’re taxed only on the withdrawals [...]
Back when the minutes were ticking away the old year, were you thinking ahead to your new year’s resolutions? Now that we’re almost done with January, there’s one new habit you should adopt: review your investor risk tolerance. It’s very simple: just redo the investor risk questionnaire to see if your investment objectives are [...]
We can all agree that the last few years have been difficult. Sometimes, our financial challenges may not have been just about our income. More often than not, it’s been tied to the decisions we make about how we use our money. And those decisions can be emotional, too. For example, we take pleasure [...]
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 [...]
In the late 70s, when Gail began her career as a make-up artist in Alberta, she and her husband were both working in theatre as members of Local 212. At that time, theatre companies didn’t make contributions to any retirement savings plan programs on behalf of employees. This wasn’t a problem with the [...]
Click here to download "Important Deadlines for RRSP and TFSAs". The Canada Life call centre hours during the holiday season: Thursday, December 21 - Open during regular hours Friday, December 22 – GRS administration offices will have limited hours and will be open until noon ET; The Client Service Center will operate from 8 [...]
As we come to the end of a year that has been difficult for many CEIRP members, we can look ahead to 2024 as a fresh start, especially when it comes to how we manage our money. With this in mind, here is a simple money hack that you can try that will help [...]
