Automated RRSP contributions

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After abandoning automatic RRSP contributions for the 2006 calendar year, I've decided to start them up again for 2007. The main reason why I didn't bother setting up automatic RRSP contributions is because my new employer didn't offer any form of partial RRSP matching. As a result, I became lazy and didn't want to fill out all the paper work required to do it.

It all changed last night when I filled out all the required forms for Scotia to process. All that's required is for me to bring the forms into a branch and then it should be handled automatically.

I think I'll start off by contributing $400 a month and will top it up right before tax season.

Does your employer do RRSP matching? How much do you contribute?

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