Category Archives: Group RRSP

Federal CPP and EI maximums effective January 1, 2016

2014 2015 2016 Employment Insurance Maximum weekly benefit 514.00 523.56 537.30 Maximum annual employee contribution 913.68 930.60 955.04 Maximum insurable earnings 48,600.00 49,500.00 50,800.00 Canada Pension Plan Maximum employee contribution to plan 2,425.50 2,479.95 2,544.30 Registered Retirement Savings Plan* 24,270.00 … Continue reading

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Reminder: 2013 RRSP contribution reporting deadline

Monday, March 3, 2014, is the deadline for plan sponsors to submit their plan’s RRSP contributions for the 2013 tax year. You can contact your Group RRSP provider and/or our office for more information on deadline procedures to make sure … Continue reading

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New CRA Annual Maximums for 2014

Effective January 1, 2014, the Canada Revenue Agency changed the maximums as follows: 2012  2013  2014  Employment Insurance   Maximum weekly benefit          485.00          501.00          514.00 Maximum annual employee contribution          839.97          891.12          913.68 Maximum annual … Continue reading

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PRPP Introduced in B.C. but then Stalled

The Pooled Registered Pension Plan (aka PRPP) was getting closer to coming to fruition in British Columbia as per the February 28, 2013 announcement (see article below). However, on March 14, 2013, Bill 16 (the B.C. Pooled Registered Pension Plans Act) died on … Continue reading

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Strong Support for PRPP

The results of a recent nationwide survey show many Canadians are concerned they do not have the means to properly save for retirement – and the majority believe Pooled Registered Pension Plans (PRPPs) would help address this fear. According to … Continue reading

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New CRA Annual Maximums for 2013

Effective January 1, 2013, the Canada Revenue Agency changed the maximums as follows: 2011  2012  2013  Employment Insurance   Maximum weekly benefit          468.00          485.00          501.00 Maximum annual employee contribution          786.76          839.97          891.12 Maximum annual … Continue reading

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Pooled Registered Pension Plans (PRPPs)

Did you know? 60% of Canadians do not have a pension plan and that the current pool of CPP dollars is not enough to provide a pension for future retirees in Canada? The Changes The federal government recently introduced a … Continue reading

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