Upgraded Plan Announcement: Inform employees of an enhanced retirement plan where changes have been made to the plan design and the contribution eligible to them.
When to send: Customize and send this plan announcement a few days before your employee education session.
Subject: Join your new retirement plan
Hello team!
Today we are pleased to announce that we have upgraded our retirement benefits plan provider.
Common Wealth offers a best in-class digital retirement platform with lower fees to help your money go further.
This plan offers a 1:1 / other match. That means for every dollar you contribute, [Employer] will deposit $xx to your RRSP account.
Enroll by [date] to make sure you don’t miss a deposit!
Plan Highlights
- Personalized planning: Learn how much you need in retirement, how much to save, and how much you can expect from government benefits
- Smart saving: Contribute from your paycheque so it’s easy to stay on track
- Automatic investing: Get matched to a professionally managed investment fund to grow your savings
- Retirement readiness: Track your progress through the mobile app and transfer in any existing RRSP/TFSAs to manage all your retirements savings in one place
Watch video | Read the overview
This plan gives you full control to make changes, check your balance, or withdraw funds. Your account is yours for life! It stays with you throughout your career and into retirement.
What’s next?
You will soon receive an email from enroll@commonwealthretirement.com with an invitation to join the plan. It only takes about 10-15 minutes to set up your account. Please use a computer instead of a mobile device to enroll.
Join us during the team education session on [date] to get a demo of the plan and ask any questions you have.
Best,
[Your name]
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