Most financial institutions have now updated their bill payee list to include Canada Life Group RRSP and Canada Life Group TFSA.
This means you can make direct contributions to your RRSP and/or TFSA by setting it up as a bill through your online banking.
- Just search for “Canada Life” in the bill payments section of your bank’s website and pick Canada Life Group RRSP or Canada Life Group TFSA.
- Next click on the corresponding payee option and when prompted, enter in your Policy and Certificate Number together without any spaces.
- You can find these numbers on your mycanadalifeatwork.com account and/or your account statement.