Adding A Group RRSP

Adding a Group RRSP (aka G-RRSP) can be done in the Tax & Benefits section (are you missing a pension option, see the end of this post). A group-RRSP is a retirement 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

Group RRSP percentages are only calculated on salary income, not on any bonus income entered.

Adding Your Group RRSP Deduction

Your Group RRSP paystub deduction should be added to Discovery > Income as a Pension Contribution.

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 Group-RRSP can be done in the Profile section under Types of Accounts...