myCoastal Retirement Plan
About myCoastal Retirement Plan
myCoastal Retirement Plan offers a convenient way to invest consistently and build your retirement savings.
Registered Retirement Savings Plan (RRSP)
Your myCoastal Retirement Plan provides many benefits, such as:
- A convenient way to save – Making regular contributions directly from your Coastal Community account makes it easier to commit to saving consistently. Even if the amount you contribute each time is small – and is an amount you're not likely to miss – it can grow very nicely over the long term.
- Tax-deferred growth – Growth you realize in registered plans occurs in a tax-sheltered environment until you withdraw funds from the plan.
- Lower investment management fees – Take advantage of the competitive investment management fees (IMFs) offered to Coastal Community members. Lower IMFs leave more of your savings in your retirement account and growing for you.
- Leading fund managers – Through your group plan, you have access to some of the world's leading fund managers and their funds. Many of these funds aren't available to individual investors.
- Easy-to-read statements – myCoastal Retirement Plan statements provide updates on your savings and include tips and reminders to help you build an effective retirement savings plan.
- The myCoastal Member Rewards Program – As your account balance grows, the IMFs you pay to invest are lowered.
Learn more or sign up today – visit www.myCoastalRetirementPlan.ca.
myCoastal Retirement Plan is powered by Manulife Financial. Member Rewards Program starts once your savings balance reaches $25,000.