Municipal investment plan

Август 5, 2022

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Municipal investment plan

Содержание

2. Agenda What Me Save? Guide Saving for Retirement Understanding Your Group Plan Developing Your Investment Strategy
3. Saving For Retirement
4. Where Retirees Get Their Income Retirement income Primary Secondary Supplementary CPP/OAS Home Other Savings, MFA Non-registered
5. How much do you need for retirement? Canadians need 65% to 80% pre-retirement income replacement. Pre-retirement
6. What? Me Save?
7. Retirement savings worksheet Hardcopy or online
8. Making the most of your plan
9. Relationships MFA, Municipality, Plan Members Sun Life Financial Recordkeeper Investment Managers
10. Ease of payroll deduction Immediate tax savings (RRSP) Lifetime eligibility No front or back-end fees No
11. Tax benefits of payroll deductions It only costs you $30 to contribute $50 Save $20 Contribute
12. Management Fees Compared
13. The Municipal Investment Plan’s fees range between 1.20% - 2.40% Lower Fees Make a Big Difference
14. Useful for employees with no RRSP room No maximum contribution limits Foreign content limit does not
15. You make the contributions You receive the tax deduction Your spouse owns the plan and directs
16. RRSP Spousal Account = Income Splitting Reasons for spousal account Your spouse is in lower tax
17. Things you should know…. Lump Sum Contributions and Transfers In Allowed Lifetime eligibility (even if your
18. Payroll deduction (if municipality opts in) Lump sum payments Monthly contributions through the MFA Transfer in
19. Developing Your Investment Strategy
20. Investment Types (Asset Classes) Equities (Stocks) Ownership in company Share in company profits Canadian or foreign
21. Growth of $1 (1960 - 2003) Risk Versus Return
22. Source: Westcore Funds / Denver Investment Advisers LLC, 1998 The Cycle of Market Emotions
23. Timing the Market
24. Objective to produce returns that replicate a particular index (e.g. S&P 500) No surprises, consistent with
25. Value Manager looking for a bargain when buying stocks May take some time to prove their
26. Buys stock in companies that tend to grow faster than others Technology companies were “growth” stocks
27. Specialty Funds Beutel Goodman Small Cap
28. Select ONE balanced fund best suited to your objectives Rebalancing and foreign content monitored for you
29. Russell LifePoints ® Conservative Moderate Aggressive
30. Investment Risk Questionnaire Hardcopy or online
31. Choosing and Monitoring your investments
32. So, how do you choose? Completely hands-on Create your own asset mix Convert your profile into
33. Monitor Your Investments Revisit your strategy periodically Will change over time Rebalance your portfolio OR choose
34. Stay Informed – Personal Statements Semi-Annual Easy to read Personal rates of return Transaction history Plan
35. Customer Care Centre 1-866-733-8613 Account balances Rates of return Transfer between funds Market information Enrolment assistance
36. Your Next Steps Complete the Investor Risk Profile - What? Me Save? Guide (Pages 20-23) Review
38. Скачать презентацию

Слайд 2

Agenda
What Me Save? Guide
Saving for Retirement
Understanding Your Group Plan
Developing Your

Investment Strategy

Monitoring Your Investments

Слайд 3

Saving For Retirement

Слайд 4

Where Retirees Get Their Income
Retirement income
Primary
Secondary
Supplementary
CPP/OAS
Home
Other Savings, MFA Non-registered Plan
Municipal Pension

Plan

Personal RRSP, MFA Group RRSP

Слайд 5

How much do you need for retirement?
Canadians need 65% to 80%

pre-retirement income replacement.

Pre-retirement income

100%

Retirement income

80%

65%

Слайд 6

What? Me Save?

Слайд 7

Retirement savings worksheet
Hardcopy or online

Слайд 8

Making the most of your plan

Слайд 9

Relationships
MFA,
Municipality,
Plan Members
Sun Life Financial
Recordkeeper
Investment
Managers

Слайд 10

Ease of payroll deduction
Immediate tax savings (RRSP)
Lifetime eligibility
No front or

back-end fees
No fees to make investment changes
Low investment management fees

Benefits

Слайд 11

Tax benefits of payroll deductions
It only costs you $30 to contribute

$50

Save
$20

Contribute
$50

Pay
$30

Слайд 12

Management Fees Compared

Слайд 13

The Municipal Investment Plan’s fees range between 1.20% - 2.40%
Lower Fees

Make a Big Difference
Canadian average outside a group plan is 2.50% - 3.00%

Слайд 14

Useful for employees with no RRSP room
No maximum contribution limits
Foreign

content limit does not apply
Not tax-sheltered
Taxed on investment earnings each year

Non-registered (Savings Plan)

Слайд 15

You make the contributions
You receive the tax deduction
Your spouse owns the

plan and directs the investments
Money accumulates in your spouse's name

Spousal RRSP

Слайд 16

RRSP Spousal Account = Income Splitting
Reasons for spousal account
Your spouse is

in lower tax rate
Your spouse has no retirement savings
You will pay less tax if you have two smaller incomes instead of one large income

Слайд 17

Things you should know….
Lump Sum Contributions and Transfers In Allowed
Lifetime eligibility

(even if your employment changes)
Withdrawals
Withholding tax
Added to your taxable income
RRSP first withdrawal free, $25 each additional
NREG $25 per withdrawal

Слайд 18

Payroll deduction (if municipality opts in)
Lump sum payments
Monthly contributions through the

MFA
Transfer in from other institutions

Ways to Contribute

Слайд 19

Developing Your Investment Strategy

Слайд 20

Investment Types (Asset Classes)
Equities (Stocks)
Ownership in company
Share in company profits
Canadian or

foreign
Bonds (Fixed Income)
Promise to repay debt
Receives interest
Government and corporate
Money Market/Guaranteed
Federal government debt
Short term, less than 1 year

Слайд 21

Growth of $1 (1960 - 2003)
Risk Versus Return

Слайд 22

Source: Westcore Funds / Denver Investment Advisers LLC, 1998
The Cycle of

Market Emotions

Слайд 23

Timing the Market

Слайд 24

Objective to produce returns that replicate a particular index (e.g.

S&P 500)
No surprises, consistent with market returns

Passive / Market Oriented

Слайд 25

Value Manager looking for a bargain when buying stocks

May take some time to prove their worth – long term strategy
Tend to outperform during bear markets
Reasonably priced without sacrificing quality
Considered a defensive investment

Value / Long Term Oriented

Слайд 26

Buys stock in companies that tend to grow faster than

others
Technology companies were “growth” stocks over past 5-10 years
Sometimes young companies with high potential
Future growth in earnings is expected

Growth Oriented

Слайд 27

Specialty Funds
Beutel Goodman Small Cap

Слайд 28

Select ONE balanced fund best suited to your objectives
Rebalancing

and foreign content monitored for you
Takes the guess-work out of picking funds

Russell Lifepoints® Funds

Слайд 29

Russell LifePoints ®

Conservative
Moderate
Aggressive

Слайд 30

Investment Risk Questionnaire
Hardcopy or online

Слайд 31

Choosing and Monitoring your investments

Слайд 32

So, how do you choose?
Completely hands-on
Create your own asset mix
Convert your

profile into a strategy
Monitor
Rebalance regularly

One stop shopping
Answer risk profile questionnaire
Use individual fund sheets
3 LifePoints® Funds
Pick the “one” fund that matches your risk profile

Do it yourself approach

Pre-defined asset mixes

Слайд 33

Monitor Your Investments
Revisit your strategy periodically
Will change over time
Rebalance your portfolio

OR choose a balanced fund approach
Keeps your asset mix on track
Sell high, buy low principle

Слайд 34

Stay Informed – Personal Statements
Semi-Annual
Easy to read
Personal rates of return
Transaction history
Plan

information
Bulletin board

Слайд 35

Customer Care Centre
1-866-733-8613
Account balances
Rates of return
Transfer between funds
Market information
Enrolment assistance
Over 150

languages

Account Access Tools

Internet Access
www.sunlife.ca
Account balances
Lump sum deposits
Transfer between funds
what? me save? guide
Asset allocation
Secure e-mail
Webcast
RRSP receipts
Morningstar

Слайд 36

Your Next Steps
Complete the Investor Risk Profile - What? Me Save?

Guide (Pages 20-23)
Review the Investment Fund Pages in your package
Complete the enclosed application form and forward to the MFA
For further assistance contact Meagan at the
MFA at (250) 380-0432 ext 225, or an
investment specialist at the Customer
Care Centre at 1-866-733-8613

Municipal investment plan

Содержание

AgendaWhat Me Save? GuideSaving for Retirement Understanding Your Group PlanDeveloping Your

Saving For Retirement

Where Retirees Get Their IncomeRetirement incomePrimarySecondarySupplementaryCPP/OASHomeOther Savings, MFA Non-registered PlanMunicipal Pension

How much do you need for retirement?Canadians need 65% to 80%

What? Me Save?

Retirement savings worksheetHardcopy or online

Making the most of your plan

RelationshipsMFA, Municipality,Plan MembersSun Life FinancialRecordkeeperInvestmentManagers

Ease of payroll deduction Immediate tax savings (RRSP)Lifetime eligibilityNo front or

Tax benefits of payroll deductionsIt only costs you $30 to contribute

Management Fees Compared

The Municipal Investment Plan’s fees range between 1.20% - 2.40%Lower Fees

Useful for employees with no RRSP roomNo maximum contribution limits Foreign

You make the contributionsYou receive the tax deductionYour spouse owns the

RRSP Spousal Account = Income SplittingReasons for spousal accountYour spouse is

Things you should know….Lump Sum Contributions and Transfers In AllowedLifetime eligibility

Payroll deduction (if municipality opts in)Lump sum paymentsMonthly contributions through the