You can easily change your contribution amount or switch between RRSP and TFSA on both the desktop and mobile versions of your plan.
Editing your payroll contribution
- Navigate to the "Plan" Tab:
- Start by ensuring you're on the "Plan" tab.
- On a computer, below your current contribution amount, click on "View details" to expand the contribution information. On mobile, scroll down until you see "My contributions" and click on "From paycheque".
- Then, click the "Edit" button above the amount you are saving from each paycheque.
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Edit Your Contributions:
- On the "Edit payroll contributions" screen, you'll see your current contribution configuration pre-populated.
- Enter your desired contribution amount into the on-screen boxes. You might need to adjust the entries a bit to get the contribution exactly as you want.
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Review and Confirm:
- Once you've finalized your contribution setup, click "Next" to proceed to the confirmation page.
- Review the total contributions, including the split between your contributions and your employer's. If you have multiple accounts like an RRSP or TFSA, check the updated account split.
- Check the box at the bottom left of the screen to confirm your selection, then press "Next" again to finalize your changes.
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Confirmation
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Your employer will receive a notification indicating that you would like to alter your contribution setup and when they accept the change, you will receive a confirmation email.
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