Open Mon-Wed & Fridays 9:30 AM to 5:00 PM, and on Thursdays 8:30 AM to 6:30PM

Group RRSP

A Group RRSP is simple to understand. Each employee has a separate plan beneath the group 'umbrella'. Both the employer and the employee can contribute (up to limits sets by Revenue Canada), and the employee determines how his or her contributions are invested. Employees also feel closer to their investments with a Group RRSP, especially when it is administered by or available through a neighbourhood financial institution such as their local credit union.

An effective Group RRSP can both attract and retain key employees to your firm - even if you employ as few as ten people! Management time required is almost nil and employer costs to manage the plan are minimal. The management of mutual funds underlying the Group RRSP generates and distributes all the necessary receipts and reports.

Even if your firm already has a pension plan, employee funds in an existing plan can continue to build in parallel with your Group RRSP, or can be transferred into a Group RRSP. And upon retirement, your employees have many choices including transferring the money into a Registered Retirement income Fund. Your local credit union can facilitate your Group RRSP requirements through various means:
  • NEI® Select Portfolio funds* offer a complete range of investments suitable for Group RRSPs. Employees can choose from various funds according to their investment objectives and receive personal guidance from a Credential Asset Management Inc. Mutual Funds Investment Specialist at your local credit union.

  • A Group RRSP can also include **Northwest & Ethical® Funds and other third party mutual funds.

  • Term deposits and savings deposits issued by Rocky Credit Union are available within Group RRSPs.
Rocky Credit Union and Credential Asset Management Inc. will be pleased to provide guidance and information on all aspects of your Group RRSP requirements.

*Mutual funds are offered through Credential Asset Management Inc.  Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments and the use of an asset allocation service.  Please read the prospectus of the mutual funds in which investment may be made under the asset allocation service before investing. Unless otherwise stated, mutual fund securities and cash balances are not insured or guaranteed and are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions. Their values change frequently and past performance may not be repeated.

 **Northwest Funds, Ethical Funds and NEI Investments are registered trademarks of Northwest & Ethical Investments L.P                    Credential Asset Management Inc. and Northwest & Ethical Investments L.P. are all wholly owned subsidiaries of Aviso Wealth Inc.

You can always contact us by e-mail at or by phone at 403.845.2861.

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Contact Rocky Credit Union

5035 49 Street
Rocky Mountain House AB  T4T 1C1

P    403 845 2861
F    403 845 7295

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