You have until March 1, 2021, to contribute to your RRSP and lower your taxes and your taxable income for 2020—you might even get a tax refund!
- Login to dfs.ca/GroupPlanMember
- Select My transactions and then Contribute.
Under Lump-sum and recurring contributions, click the green New contribution button and follow the instructions.
Make sure you don’t exceed your contribution limit. Check your RRSP contribution room on your latest Notice of Assessment, or online at Canada Revenue Agency.
Are you ready for tax season? On Thursday, February 18, watch for the return of our popular annual Tax Time for Midwives webinar, with CPA Susan Morrison. Register now! Even if you cannot make the live session, complete the registration form and a recording will be emailed to you after the live session.
Presented by Susan Morrison, a CPA who knows all about midwives' unique financial situations, Tax Time for Midwives, updated for the 2020 Tax year, will help you get the most out of your tax return.
Did you know?
623 members (that's 51%) have responded to our surveys so far!
75% report they now have a better understanding of mental health resources available through their benefits plan!
Read more about what members are saying in this one-page summary.
Survey #3 is scheduled to be sent to members early the week of February 8. Stay tuned for further details on the feedback of Survey #3 and an overall report of survey outcomes from all three surveys.
Although the best protection is to limit travel, SSQ Insurance will continue to support members who must travel despite the current advisories.
Please find the following update regarding the various insurance coverages for our policyholders who are currently travelling:
- Costs for mandatory COVID-19 screening tests, performed at the request of a government authority before returning to Canada, are not covered by travel insurance.
- Additional costs incurred while waiting for COVID-19 test results, performed at the request of a government authority, are not covered (for example, costs for a new place ticket, change fees for an existing ticket, accommodation or living expenses, etc.)
- If the result of a mandatory COVID-19 screening test is positive, additioinal costs incurred may be eligible for reimbursement.
For additional information, please refer to your booklet the SSQ Insurance FAQ.
In January 2020, SSQ Insurance and La Capitale Insurance and Financial Services, two companies of similar size with complementary operations, announced their intention to join forces. The merger was approved in June of 2020, and on December 3, 2020, they announced the name of their new venture: Beneva.
Your Trustees regularly review and revise the policies that govern the Trust, to ensure that all aspects of the benefits program remain competitive, and that it is administered competently and cost-effectively. Recently, the Plan Member Policy and Member Leaves Policy were updated. Keep up to date by viewing these and other policies online.
Thank you to all who participated in part one of the Plan Member Survey conducted by Cathexis. We’ve already received the results, and are assessing the findings. We had a great response to the first survey, which was completed by 498 members. The majority of members feel their needs are “completely” or “mostly” met by AOMBT, but there are areas where we need to do better. Read more about what members are saying in this one-page summary.
You’ll receive the second survey in your inbox this week.
We've added a new option to our Investment lineup!
What is a Non-Registered Plan (NRP)?
An NRP helps you save beyond the limits of your registered plans while benefiting from similar carefully selected investment options and lower fees offered under your group plan. You can use these savings for any purpose, including supplementing your retirement savings.
Did you know you need to convert your registered retirement savings plan into a retirement income solution by the end of the year you turn 71? You might choose to purchase an Annuity, or the AOMBT Group RRIF launched this fall. Watch our retirement planning webinar to learn the difference, and which solution is right for you, or call a Desjardins Retirement Specialist at 1-877-585-3033, who can help you choose the combination that will best suit your needs. Or, log in to dfs.ca/GroupPlanMember (note new url) to manage your investments.
In August, the Trust launched Dialogue, a telehealth platform offering Virtual Care and Stress & Wellbeing support for midwife plan members. We’re pleased to report that 117 people have signed up so far, and members have had 151 consultations in that time. Here’s what users are saying:
“The care is thorough, quick, and I feel well taken care of! I love having my care team at my fingertips!”