CONTEST

Fire up your
Group RRSP

From January 1 to March 1, 2017, increase your group RRSP contribution and you could win big!

Prizes to be won

Dollar

2 prizes of $1,000

RRSP bonus

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2 iPadTM Air 2 (32 GB)

approximate value of $500

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+ $500

RRSP bonus for winners who accessed their account in My Client Space

Contest rules (PDF)

3 ways to enter the contest

From January 1 to March 1, 2017, you will automatically be entered in the contest if you contribute to your Group RRSP in one of the following three ways:

Enrol

Enrol in the group RRSP and make a contribution.*

Contact your Human Resources department to find out how to enrol in the group RRSP offered by your employer.

* If your plan allows it. Other restrictions may apply.

Contribute

Make a minimum $500 lump-sum contribution or a transfer from another financial institution.*

For a lump-sum contribution

Access My Client Space and select the Group Savings and Retirement dashboard. Click on Contribute Now for the full details.

You can also speak with a Customer Service representative at 1-800-567-5670.

To make a transfer from another financial institution

Contact Customer Service at 1-800-567-5670.

* If your plan allows it. Other restrictions may apply.

Increase

Increase your regular contribution amount by at least 25%. *

To increase your employee contribution rate or amount, please contact your Human Resources Department.

If you contribute via pre-authorized debit and you want to increase the amount, please contact Customer Service at 1-800-567-5670.

* If your plan allows it. Other restrictions may apply.

If you prefer, you can enter the contest by making a contribution to your Group TFSA with iA Financial Group, if you have one, under the same conditions.

Give the edge to your group retirement savings plan

The advantages of a Group RRSP

  • You could have more retirement savings with management fees that are generally lower than with an individual savings plan.
  • You’ll increase your 2016 income tax deduction.
  • You’ll give your savings a boost in order to reach your retirement goals sooner.

Don’t let fees hold back your savings

You’ll generally get lower management fees with your group RRSP than with an individual savings plan. In the long run, these lower fees can significantly boost your savings!

In 15 years, your investment in your group RRSP could be worth 20% more than with an individual plan!

Individual plan: $2,897

2000
897
2897

Group plan: $3,474

2000
1474
3474

Individual plan: $7,241

5000
2241
7241

Group plan: $8,685

5000
3685
8685
10,000
  • Lump-sum contribution
  • Return

$2,000 or $5,000 lump-sum contribution; 5% gross annual return rate; average management fees for an individual plan and group plan.

The above amounts are for information purposes only. You can find the actual management fees for your group retirement plan in your My Client Space.

To learn more

Look for some money-saving tips? Want to learn more about the importance of saving for your retirement? Here are a few articles you may find of interest to you: