January 2019 Edition

The Essential is starting the new year fresh, proudly bearing the colors and style of our new brand image. You’ll appreciate its mobile-friendly responsive design that will automatically adapt to your smartphone, tablet or computer screen. Enjoy!

Vol. 9 No. 1

Desjardins

GRS Insights

Your plan members

How to

In accordance with Canada Revenue Agency (CRA) Income Tax Regulations, we encourage you to ask your employees to confirm that their group RRSP contributions can be made by payroll deduction for the year in question before you apply the immediate tax savings. The reason being is that the CRA assumes you have “reasonable grounds when your employee has given you confirmation that the contribution can be deducted for the year.”

We recommend that you have all employees contributing to your group RRSP complete and sign a written confirmation to ensure you’re complying with the CRA regulations. If you don’t have your own form on hand then feel free to use the attached document (PDF, 212 KB) in this communication.

Please note that this form isn’t part of the enrolment kit, but we suggest you have this form signed every year and keep a copy in your employees’ records.

Investments and the financial markets

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1 Employees of Desjardins Group entities are not eligible for this contest.

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