I’ve started doing my taxes for 2017 and opened up an EPSP (and got a T4PS) for the first time in 2017. The reason I have the EPSP is that I have very little RRSP contribution room due to a DB pension, and I didn’t want to miss out on my employer’s match. I contribute only enough to the EPSP to get the max company match. Currently my and my employers contributions are invested in a 2045 target fund. When I entered the T4SP info it changed my return from a refund into owing, boo-urns!
I am new to this, so am I investing it efficiently? Is there another way to not miss out on the employer match even with a maxed out RRSP? I realize this is a good problem to have...
Thanks very much!!
