Registered Retirement Savings Program (RRSP)

Join the Move Canada Retirement Savings Plan, and benefit from its financial advantages.

Matching Contributions

Registered Retirement Savings Plan (RRSP)

• You can contribute up to six per cent of your eligible earnings to the plan. The company will match your contributions at a rate of 50 per cent, up to a maximum of six per cent of your eligible earnings and not exceeding $5,000 per year.
• You also have the option to make additional voluntary contributions at your discretion.

Exclusive investment funds only available in your plan @ work

Contributions to your workplace plan can be invested in a variety of investment funds. You decide how your contributions are invested. Some of the funds available to you are unique and only available to group plan members. You won’t find these funds if you invest on your own at a bank or mutual fund company.

Professional investment managers

The funds available under your plan are managed by some of Canada’s leading investment managers.

You pay no commission fees

When you invest through your plan, you save more money for your retirement.

You save taxes

Contributions you make to a registered plan are tax-deferred. And if you’re contributing by making regular deductions from your pay, your contributions are invested on a pre-tax basis, giving you an instant tax benefit. The benefit of tax-deferred earnings growth over time is significant.

Access to a spousal RRSP

You are able to contribute to a spousal Registered Retirement Savings Plan (RRSP) through the Move Canada Retirement Savings Plan. The contributions will be attached to your RRSP limit and you will receive the tax benefit.

Enrol today

Before you enroll, you need to register for an access ID and password. To do so, you need an account number, which you’ll find in the welcome letter you receive from Sun Life Financial, and your date of birth.

• Go to mysunlife.ca
• Select Register; and
• Follow the instructions provided

To retrieve your access ID and/or password at any time, follow the steps below.

Simply go to mysunlife.ca and under Sign-in help:

• For your access ID, select I forgot my Sign-in/Access ID
• For your password, select I forgot my password

Once you have your access ID and password, you are ready to complete your enrolment online.

• Sign in to mysunlife.ca;
• Select my financial centre from my financial future on the Home page;
• Select Enrol from the Requests drop-down menu;
• Select Let’s get started!; and
• Follow the enrolment flow

Designating a beneficiary

Designating a beneficiary ensures that your plan assets are distributed according to your wishes in the event of your death.

Designate a beneficiary for your retirement and savings plans, or review and update your beneficiary information, quickly and simply.

No more paper forms to print, sign and submit! Simply sign in to mysunlife.ca using your sign-in/access ID and password, then go to my financial centre, click on Quick Links, and select Beneficiary info.

Take action today and be sure this important information is up to date!

Contact Information

Go mobile: Download the my Sun Life Mobile app on Google Play or the Apple App Store. Check your balances on the go, see how your funds are doing and make one-time contributions.

Visit mysunlife.ca for tools, articles, and videos

Call us or sign into mysunlife.ca and select Chat live with a call centre representative to get live support. And watch this video for more insight into retirement savings plans.