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 [...]
One of our mandates as providers of this plan is to provide you with information that will help you save for retirement and to reach your other financial goals. To achieve this, we designed our website to be your primary information hub. Here are some key sections that you should save to your browser [...]
As a CEIRP member, you have access to free Canada Life Health and Wealth consultants who can help you make the most of your membership, including: Providing advice on how you can maximize your RRSP contributions How to save for important goals Other financial or health related questions you may have Click here to [...]
When the fall season arrives, its inevitable that retailers will have their Halloween and Christmas/end-of-year holiday merchandise and decorations on display. Sadly, these displays seem to appear earlier and earlier with each passing year. But retailers know that it does pique our interest; it gets us thinking until we finally breakdown to buy some [...]
One of our important jobs at CEIRP is to keep you informed about your group retirement plan. The main way that we do that is through email. And as a plan member, one of your important jobs is to ensure that your information is current. It’s easy to do, here’s how: Sign on to My [...]
For every account you open with Canada Life, you must designate a beneficiary. This can be a person or an organization. (“Estate” is considered an organization). It’s easy, here’s how: Sign on to My Canada Life At Work and click on the Group Retirement Plan button. From the main landing page, click on your [...]
This article was first distributed by Canada Life several years ago. Since it’s been a while, we thought that it would be useful to republish for your convenience. You’ve worked hard to save for retirement. Now that you’re Getting Close, you will likely have many questions about the transition from saving for retirement to [...]
When it’s gorgeous outside, the last thing you want to think about is the holiday season when it gets dark at 4pm and everyone is stressed out while they rush around getting their last minute items for the festivities. But, there is a way to make the season less stressful if you start planning [...]
Contributing to the CEIRP group savings plan means you’re in the driver’s seat — you decide where your contributions are invested. The Cadence Target-Date Funds are designed to generate more growth in the early years, progressing to become more conservative in the years nearing your selected retirement year. This simple, hands-off approach will help [...]
