Start The New Year with a Fresh Approach to Managing Your Money

January: Begin the year by setting new financial goals, including creating a budget that you can live with. Our site has several budgeting articles for your convenience. Consider setting an appointment to speak to a Canada Life Freedom Experience financial advisor. It’s a free service available to all members — even the financial plans they can make for you are free!

February: The RRSP contribution deadline is coming —  Are you on track with your contributions? Log on to My Canada Life At Work.com to check how much you’ve contributed and to see if you have room to add more. You’ll find your receipts and statements here too, so consider bookmarking the page on your web browser for later in the tax season. If you’re nearing retirement, consider speaking to one of Canada Life’s Investment and Retirement Managers. Whether you’re just starting out, retiring or somewhere in between, these specialists can help guide you along the way with personalized service and support. They can help you to create a plan, decide how much to save, combine your savings, and fine-tune your plans as your life changes, up to the start and into your retirement.

March: RRSP season is over and now it’s time to think about tax season. Get familiar with My Canada Life At Work.com where you can download copies of your tax receipts in April. This is also where you can make adjustments to your plan, personal information and access other tools that help you meet your goals. Consider creating a digital and physical tax file to keep track of all your receipts and other material you’ll need when it’s time to file your taxes. Key Deadlines (per the CRA):

• March 2, 2026: Deadline to contribute to an RRSP
• April 30, 2026: Deadline to file individual taxes
• June 15, 2026: Deadline for self-employed taxes