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NEWS & VIEWS IN THIS ISSUE 1 3 3 4 5 6 7 8 9 EU BEC Draft Regulation for Voluntary Retirement Savings Plans (RSP) Quebec Draft Regulation to amend the Regulation respecting supplemental pension plans
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What is voluntary retirement savings?
Voluntary retirement savings are funds that individuals choose to set aside for their retirement in addition to any mandatory retirement savings.
Who is required to file voluntary retirement savings?
Individuals who wish to save additional funds for their retirement are required to file voluntary retirement savings.
How to fill out voluntary retirement savings?
To fill out voluntary retirement savings, individuals can contact their financial institution or retirement account provider to set up an additional retirement savings account.
What is the purpose of voluntary retirement savings?
The purpose of voluntary retirement savings is to allow individuals to save additional funds for their retirement and increase their financial security in later years.
What information must be reported on voluntary retirement savings?
Information such as the contribution amount, account number, and personal information of the account holder must be reported on voluntary retirement savings.
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