- About Us
- Prospective Students
To participate in the Group RRSP, constituents of The King's University College must complete an RSP Application Form.
Upon acceptance, tax-deductible contributions may be made at any time, either by electronic funds transfer (EFT), credit card, cheque, or series of post-dated cheques. Cheques should be to "The King's Group RRSP." Existing plans on deposit with other institutions can also be transferred in using a Transfer Form. We welcome individual, spousal and RRIF inquiries from King's constituents.
Personal statements of contributions and earnings are mailed four times per year, at March 31, June 30, September 30 and December 31. The December 31 statements are accompanied by the Auditor's verification requests.
Investments in The King's Group RRSP remain in the Plan until maturity, unless a written request for withdrawal or transfer out is received. All requests, normally honoured within thirty (30) days, are subject to a nominal service fee.
For contributions made during the first sixty (60) days of a new year, income tax receipts are issued in early March or earlier upon request. The receipts may be used for either the year in which the contributions were made or for the prior year.
For contributions made during the rest of the year, income tax receipts are issued in early January of the new year, or earlier upon request. The receipts may be used for the year in which the contributions were made.
The proceeds from this private offering are used primarily to fund capital building projects of The King's University College.
The investor's security is an interest in a mortgage against the campus properties. This mortgage is subordinate to a first mortgage issued to the primary lending institution.
Investments in this subordinate mortgage are not guaranteed. The mortgage is not covered by any insurance. As such, the investors should consider the appropriateness of this investment for their purposes.
The Declaration of Trust is an integral part of the Specimen Plan registered with Canada Customs and Revenue Agency and contains the formal terms, conditions, and stipulations that govern the operation of the Plan.