To All Members,

 

As they say “Membership has its rewards”, we are excited to be able to offer you an Investors Group – Group RRSP program.  This program is available to all members regardless of the size of your company.    The benefits are as follows:

 

  I. No Administration Costs:

 

 All you have to do to participate is contact Peter McMullen (489-4640 ) at the Investors Group office and he will be more than willing to assist you.  You can also contact Peter via e-mail at Peter.McMullen@investorsgroup.com

                           

  II.  Payroll Deductions:

 

This has proven to be the easiest way for individuals to save for retirement, by having their contributions deducted from their paycheques first.

 

III. Immediate Tax Savings  

                                                                                                                                          

This is the only method where by doing payroll deductions that the CCRA allows an individual to receive  “TAX SAVINGS IMMEDIATELY” as opposed to when they complete their income tax return.  This can amount to up to 8% more in the total retirement fund. (if contributions are made annually in January of  each year).

 

IV.     Flexible Contributions:

 

Most fund companies require minimum contributions of $500 - $5000 to purchase specific funds.  With this Group RRSP program, each member has a selection of many different portfolio funds with an overall minimum contribution of $50.00 per member per month.