10/28/2010

Pay Statement

A while back I mentioned that at mid-October I would hit my EI then my CPP maximum.  Well, that time is here!  Whoohoo!  I've hit my EI max, so no more deductions for that, and I'm $49.05 from hitting my CPP max, so that will happen on the first pay in November!

I also just started contributing to my Pension at work!  I already have $611.52 socked away....how did that even happen?!  I love employer matched contributions!  This money is on top of the $25/week that Jordan and I each contribute to our personal RRSPs.  Eventually, I would like to increase our contributions, particularly Jordans because he doesn't have a pension or retirement plan through work.

I'm also very pleased that I'll be getting reimbursed tomorrow for all of my work expenses - to the tune of $2215.14.  It's quite a large sum of money that just sitting on my credit card begging to be paid off, so paid off it will be, tomorrow.

Hurray!
Reactions:

5 comments:

  1. Mom in Vancouver28 October 2010 at 17:40

    That will feel good, to get rid of that! The hotel we are at this time, billed us for 1 of the 3 nights at the time of reservation, which is really crazy. Its due now and we won't get reimbursed till near the end of next month.

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  2. Employer matched contributions = AWESOME

    I never pass up free money.

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  3. I keep telling my coworkers to maximum those employer matched contributions but some of them seem to be completely in the dark. It's free money! It's almost better than a raise!

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  4. I love my employer matched RRSP!! Like Natalie, I don't understand why one wouldn't take advantage of it. I contribute my maximum 4% of my salary every 2 weeks and the company matches it...$2000 turns into $4000 with virtually no effort on my part!

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  5. @ Judi & Natalie - here, here!

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