CAAT: November is Financial Literacy Month
November is Financial Literacy Month
Money on your mind? Let’s talk about it! This November, CAAT is empowering you to build your financial resiliency and become more financially stable.
Financial Literacy Month is underway in Canada, and this month, we’re empowering you to build financial resiliency, enjoy financial confidence, and to take control of your journey into retirement.
We get that retirement planning may not be your number one priority. Life is happening today, and with life comes expenses, challenges and opportunities.
At CAAT, we’re here to help guide you towards a financial future that is secure, predictable and sustainable. Plus, Financial Literacy Month is also a great opportunity to expand your pension knowledge and learn more about all the benefits of your membership with CAAT.
Here are just a few perks of being a CAAT member:
- I have a defined benefit (DB) pension. This means that I will receive a regular monthly income throughout my retirement – paid for the rest of my life.
- With CAAT’s GROWTHplus Investment Account, I can grow my tax-sheltered savings and benefit from CAAT’s investment returns. This is in addition to my secure lifetime DB pension.
- My CAAT pension receives conditional inflation protection when I retire to help offset the negative impact of inflation. These increases help reduce the erosion of buying power caused by inflation. 1
- My pension provides valuable survivor benefits to my surviving spouse, child or loved one after I’m gone at no extra cost.
- CAAT’s online member portal, My Pension, is a secure and convenient way to access important details about my pension. Here, I can download my annual statement update my beneficiary information, transfer funds into GROWTHplus and more.
By taking a few minutes and familiarizing yourself with what it means to be a CAAT member, you’ll be enhancing your financial confidence, which can lead to better financial outcomes.
Whether you’re logging into My Pension and reviewing your annual statement, updating your beneficiaries or learning more about how GROWTHplus can help you achieve your saving goals, CAAT is here to help you every step of the way.
1 The most recent valuation guaranteed funding for inflation protection to at least 2027.