Services Canada

As many of you know, Rick Gallant has joined QFS and will be supporting advisors on the wealth side in Atlantic Canada and Quebec. Rick has been an advisor and one of the things he routinely did was to help people learn the amount of their future CPP and OAS benefits. In Rick’s experience and mine too, if you really want to develop a deeper relationship with your clients who are planning for retirement, here’s how you can help them with calculating their CPP/QPP and entitlements. The province of Quebec has made it very simple. Just follow this link to submit a request to learn: • the employment earnings on which you have contributed to the Québec Pension Plan and the Canada Pension Plan • the amounts that could be paid at retirement • the amounts that could be paid to you and your family in the event of death or disability For the rest of Canada, there’s a few more steps. I did this for myself: • Create a my My Service Canada Account (MSCA) • After you register, you will receive in the mail a Personal Access Code • With this personal access code, you will be able to see the CPP benefits and other information By the way, if clients wish to learn their RRSP or TFSA limits, they can register/sign-in to their CRA account using a sign-in partner. I got set up using the sign-in information for my debit card. Here’s the link to get started. Rick and I hope you find this information useful. If you have any other thoughts, please let us know. I hope to see you at the next Money Monday on April 30th, when Sun Life and Desjardins will be presenting. Rick is currently getting Wealth Wednesdays set-up in Atlantic Canada and Quebec, so please watch your email for a message from Rick about these meetings. Take care, Scott Edgington Director, Investment Sales Qualified Financial Services Inc.