Financial Wellness

Canada 1-3

Registered Retirement Savings Plan (RRSP) 

If you have a family member working for USLI in Canada, they are eligible* for a Registered Retirement Savings Plan (RRSP). An RRSP is a powerful way to save for the future while enjoying short- and long-term tax advantages. It’s designed to help Canadians build the retirement they want, with flexibility and support along the way.

USLI’s RRSP Through Industrial Alliance

Your USLI family member who works at USLI can join the RRSP right away and contribute
any amount up to the Canada Revenue Agency limit.

 

Here’s what makes this plan valuable:

CAN- Tax benefits

Tax benefits

  • Pay less tax now and let investments grow tax-free
CAN- Home ownership support

Homeownership support

  • Participants can withdraw tax-free funds to buy their first home
Create a Budget and Build Emergency Savings (1)

Flexible contributions

  • Deferral amounts can be changed anytime
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Easy access

  • Participants can create
    an account at ia.ca/enrollnow to
    explore tools and resources
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Investment options

  • Target-date funds: Industrial Alliance selects investments based on an individual’s retirement timeline
  • Self-directed: Choose and manage your own investments
  • Advisor-directed: Work with a financial advisor to build your strategy
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Beneficiary management

  • Beneficiaries can be reviewed annually to stay accurate
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Support available

  • Chat with an Industrial Alliance representative at 800-567-5670 if you have questions

Eligibility note: To participate, USLI Canada community members must have at least one year of prior work experience in Canada.