All the latest from the AOMBT, including events, presentations and program updates. Please note that plan members may need to log in to access some of these resources.
Presented by Susan Morrison, a CPA who knows all about the unique way in which midwives are compensated, Tax Time for Midwives will help midwives prepare for tax season. What documents do you need to have before you start? How is self-employed income taxed? Are there any deductions and credits for which you are eligible?
Download the presentation, or watch the video below
Does your practice have questions or feedback about submitting your benefits funding invoices? The video below includes an overview of benefits funding, how to interpret the BORN invoice, and how to amend and resubmit failed or corrupt invoices.
Download the presentation or watch the video below.
Approaching Retirement covers the Canada Pension Plan and other government benefits, group and personal retirement savings, determining your retirement budget, and how to reach your goals. Presented by the AOM Benefits Trust and Janet Gray, a certified financial planner from Money Coaches Canada.
Your money may be flowing, but is it heading in the right direction? Do you have a system to manage your spending? And your savings? Do you have a Debt Free date? It’s easy when you have the tools and resources to help you move ahead with goals and strategies around your money. Presented by Janet Gray of Money Coaches Canada.
The deadline for making Group RSP contributions that can be included in your 2016 tax return is March 1st, 2017. Cheques must be received by Desjardins and bank transactions must be processed before the deadline. Contributions received after the deadline will still go to your GRSP, but cannot be claimed as part of your 2016 tax return. To make an online contribution from your bank account, login at dfs.ca/participant and click on Your transactions and Contribute to your plan. Cheques can be mailed directly to Desjardins (Desjardins Group Retirement Savings, P.O. Box 1355, Montréal, Quebec, H5B 1C4); please indicate your group number (G004901) and your participant number (located on your GRSP statement or your enrollment certificate) in the memo section of the cheque.
A reminder that it is your responsibility to ensure that you do not exceed your contribution limit to avoid facing financial penalty. Your personal RSP contribution limit can be found on your most recent notice of assessment from the Canada Revenue Agency. If you are in a situation of over-contribution to your GRSP, please contact us to discuss your options. Read more about your Group RSP and your responsibilities as a member.
The AOM Benefits Trust is pleased to announce the launch of our Plan Member Portal, a secure website where you can view your benefits coverage, monthly premiums, Leave Savings Account balance, and benefits arrears.
Click here to access the Portal. The first time you visit, you'll need to create a new account. Use your 4 digit AOM number as your certificate number, and enter MIDW for client number. Watch the video below to guide you through the process, download a PDF version of the guide, or review the guide online.
Nearly a third of all AOMBT plan members responded to our 2016 survey, providing us with a wealth of information about demographics, benefits usage and priorities, and future wellness needs. Thank you to everyone who responded! Supporting our plan members by providing a comprehensive benefits plan is at the core of what we do at the Trust. The results of our survey reaffirm the importance of ensuring that the benefits program balances the needs of plan members at all life stages, and demonstrates the importance of income protection benefits such as disability and life insurance.
For highlights from the survey, click here (please note: these highlights reflect the results from our midwife plan members and are available only for midwives. If you are interested in the results from our other plan member groups, please contact us).
The earlier you start planning for your financial future, the better! What do you need to know now in order to get the most from your investments and other savings as you look ahead to your financial future? Presented by Janet Gray, a Certified Financial Planner from Money Coaches Canada, this session is intended for midwives who are more than a decade away from retirement, and covers income planning, tax considerations, insurance, and cash flow.
In this webinar Shahid Hannan, Education Advisor at Desjardins, covers how to determine the right portfolio for you, what your retirement will look like, and the tools available through the Desjardins website to track, project, and plan for your financial future.
Presented by Alison Griffiths, award-winning journalist and personal finance guru, Count on Yourself is aimed at demystifying many aspects of personal finance and investing. The focus is on how to get organized, simplify your money and make good financial decisions.
To download the presentation or watch the video, click here.