Adding A Defined Contribution Pension
Adding a defined contribution pension can be done in the Tax & Benefits section (are you missing a pension option, see the end of this post). A defined contribution pension is a pension plan that is owned and managed by the individual. Investment decisions are made by the individual.
Information Required
- Employee Contribution % Of Salary
- Employer Contribution % Of Salary
Missing A Pension Option?
The pension options in the Tax & Benefits section is based on the information you shared in your Profile. In the Profile section you can select whether or not you have a Defined Benefit (DB) Pension Plan, a Defined Contribution (DC) Pension Plan, or a Group-RRSP.
- Defined Benefit Pension Plan (DBPP)
- Defined Contribution Pension Plan (DCPP)
- Group RRSP (G-RRSP)
If you're missing a pension option it might be necessary to update your Profile.
Adding a Defined Contribution Pension can be done in the Profile section under Types of Accounts...