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!

Related Posts:

  • What is most important?A few weeks ago, Gail wrote how important it is for people to identify what is really and truly important to them.  She mentioned that Canadian's living on government assistance may have as little as $16,000/year or less… Read More
  • Weekly Spend ReportOops!  This week is a bit of a mess. It carried over from last week, with lots of preparing for camping this season. I got a bit twisted with what spending was for vacation and what spending was for our day-to-day, but … Read More
  • My Money, My Choices - Level 3, Activity 3 A couple days ago, I wrote about creating the Emergency Fund, today is about automating it.  This one is really simple - just set up an automatic savings programme.  With a goal of $25,000 it's going to take us a … Read More
  • Spring Cleaning There's just no point unless the dogs get a bit of a refresher too!  A week ago or so I shared that Jordan and I found a vet and got the pups vaccinations all up to date.  On Monday, they had a date at doggy day-c… Read More
  • My Money, My Choices - Level 3, Activity 4The fourth activity in level 3 is getting set up on a company pension plan if you're not already on one - thankfully I am but unfortunately, Jordan's company doesn't have one. Mine is a defined contribution (not defined be… Read More

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.

    ReplyDelete
  2. Employer matched contributions = AWESOME

    I never pass up free money.

    ReplyDelete
  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!

    ReplyDelete
  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!

    ReplyDelete
  5. @ Judi & Natalie - here, here!

    ReplyDelete

Hi! Thank you for stopping by and leaving a message.

Links ♥

Followers