Overview

Save Your Money... from taxes... for your future!

Saving for retirement is made easy through the Golden Opportunities Fund Payroll Investment Plan.  When you join Golden Opportunities Fund's Payroll Investment Plan you can invest regularly while receiving immediate tax savings on every paycheque.  For example,

*By combining the provincial and federal tax credits with the RRSP tax savings attached to the Fund, a bi-weekly contribution of $57 can result in a $5,000 investment every year. Based on an annual RRSP investment, 26 pay periods per year, basic personal tax exemptions and a marginal tax rate of 35% (minimum taxable income of $40,971). Amount will vary according to your tax bracket.

If you multiply this investment over the course of many years, you can see how effective this method can be.

Payroll Investment Plan Calculator

Use the following Payroll Calculator to calculate your personal net cost per pay period if you made an investment into the Fund.

Here's how Golden Opportunities Fund makes it work for you.

If you join the Golden Opportunities Fund Payroll Investment Plan, and are eligible for RRSP contributions, you can take advantage of this program. When you invest in Golden Opportunities Fund, you are eligible for 35% combined Federal and Provincial tax credits, plus you are entitled to all the benefits of a regular RRSP tax saving plan. Usually you would receive all of these savings when you file your taxes, but Golden Opportunities Fund's Payroll Investment Plan allows you to receive these savings each pay period through immediate tax savings!

1. Have your licensed Investment Advisor and your employer contact Golden Opportunities Fund in order to prepare and document the taxes to be deducted at source.
   
   Required forms include:
   Payroll Authorization Form
   Contribution Submission Form.

2. Your employer forwards your investment directly to Golden Opportunities Fund each pay period.

3. At the same time, your RRSP deduction and 35% tax credits (15% Federal, 20% Provincial) are applied directly to your earnings, in the form of lower tax deductions while you contribute regularly into your RRSP working to achieve your goals.