March 1, 2021 is the deadline for contributing to an RRSP for the 2020 tax year. Our office will send out multiple reminders between now and deadline day.
Signing your contribution form is easier than ever. With our improved electronic consent procedure, you can now e-sign using your phone in as little as 30 seconds and without the need to print. Contact us anytime for more information.
There are two ways a purchase can be funded:
- Pre-Authorized Debit (PAD): If we have your banking information on file, the funds can be taken directly from your chequing account. PADs take a few extra days to set up, but we can use this method right up until deadline day. As long as the request is submitted by the deadline, the investment companies will code the purchase as a first 60-day contribution, even if the funds come out of your account afterwards.
- Bill Payment (Nominee accounts only): If you have a Nominee RRSP, you can fund your account via bill payment through your financial institution’s online banking platform. The payee is Fundex Investments and the account # will be your RRSP account number (it starts with an N and contains 9 digits).