Congratulations on setting up your plan! There are only a few things you'll need to do to maintain your plan.
Submitting contributions (every payroll cycle)
Every time you run payroll, you need to submit your payroll register file.
Adding or Removing Employees
Employee information, salaries, and employment status change from time to time. To keep the plan accurate, follow these steps when contributions or employment status changes:
- How to adjust your payroll when employee RRSP/TFSA contributions change
- How to add or remove employees from the plan
- What to do during a temporary leave (e.g., parental leave)