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 by downloading the transfer form from mycanadalifeatwork.com. How to download [...]
October 2022 Review Presented by Mackenzie Investments Click here to read more.
Here is an event that will be of interest for all members: The AFC presents: SmART Retirement Workshop Tuesday, November 8, 1-3 pm (ET) Free on Zoom Retirement can be daunting. For many of us, it looms in the distance as a hazy orb of confusion. When will I retire? Will I even [...]
You are able to reset your GRS login ID from the homepage of mycanadalifeatwork.com. Simply click on the images to enlarge.
As we get closer to the end of the year and RRSP season, members like you want to know how they can manage their accounts without going through the Canada Life call centre. To start, go to mycanadalifeatwork.com and sign in to GRS Access (savings). You can retrieve your Access ID and password from [...]
Almost on a daily basis across Canada, we are hearing news reports about how expensive life is becoming. It just seems as if today’s financial news isn’t very positive and it’s hard to know when things will improve. But there are adjustments we can do right now to manage these increases and calm [...]
Third Quarter 2022 Review Presented by Mackenzie Investments Click here to read more.
The CEIRP investment committee has worked hard to create a retirement plan that manages risks when markets go down. Our plan offers the Cadence Target Date Fund and the Portfolio Target Risk Funds managed by Portfolio Solutions Group (PSG), which is a subsidiary of Canada Life. Both funds are well-diversified because each are managed [...]
Now that school is back in session, here’s a quick reminder of how the Registered Education Savings Plan works: It is a tax-sheltered account to save money for a child’s education Parents, grandparents, guardians, family members and friends can open an RESP It provides grants (CESG) and various other incentives Individual and family [...]
If you and/or your spouse/common-law partner are thinking about going back to school, you can fund it by withdrawing $10,000 annually, up to a $20,000 maximum, from each of your RRSPs. Once you have finished your studies, you have ten (10) years to redeposit the amount you loaned yourself back into your RRSP [...]