RRSPs Due December 1

Published: November 25, 2010 10:01 am EST

All standardbred industry participants are reminded that RRSP contributions are due in the Ontario Harness Horse Association office Wednesday, December 1, 2010

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Members of the Registered Retirement Savings Plan, or those wishing to join, are reminded that 2010 contributions are due December 1.

In order to ensure that contributions are received in the OHHA office by December 1, it is advised that members send them via a guaranteed delivery service, such as Canada Post’s Express Post, or by courier.

Contributions received after December 1 will not be accepted and will be returned. Postmarks will not be considered. To ensure OHHA receives them, do not give them to Standardbred Canada representatives, or leave them at race offices. There is a mailbox outside the OHHA office door at 44 Crawford Crescent, Campbellville, Ont., for those wishing to drop off their contributions after office hours.

Any standardbred racing industry participant can join the plan. In order to qualify for the industry contribution to their retirement account, owners, trainers, and drivers must have participated in 24 races in 2009. Owners and breeders will be credited based on the percentage of the horse that they own or bred. Breeders must be the owner of a mare whose offspring raced 24 times, or be the breeder of horses, that competed in 24 starts in 2009. Assistant trainers and grooms must provide a T4, or letter from their employer verifying employment in 2009.

Further information and forms are available on the OHHA website (ohha.ca), or by calling the OHHA office at 905-854-6442 or 1-866-774-6442.

(OHHA)

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