Form RC364 Application to Register a Plan as a Pooled Registered Pension Plan - Canada

Form RC364 Application to Register a Plan as a Pooled Registered Pension Plan - Canada is used to apply for registration of a plan as a Pooled Registered Pension Plan (PRPP) in Canada. PRPPs are voluntary savings plans that help individuals save for retirement.

The employer or plan administrator files the Form RC364 Application to Register a Plan as a Pooled Registered Pension Plan in Canada.

FAQ

Q: What is Form RC364?
A: Form RC364 is the application to register a plan as a Pooled Registered Pension Plan (PRPP) in Canada.

Q: What is a Pooled Registered Pension Plan (PRPP)?
A: A Pooled Registered Pension Plan (PRPP) is a retirement savings plan available to individuals and small businesses in Canada.

Q: Who can apply for a Pooled Registered Pension Plan (PRPP)?
A: Any individual or small business in Canada can apply for a Pooled Registered Pension Plan (PRPP).

Q: What is the purpose of Form RC364?
A: Form RC364 is used to apply for the registration of a plan as a Pooled Registered Pension Plan (PRPP) in Canada.

Q: Are there any fees to submit Form RC364?
A: Yes, there are fees associated with submitting Form RC364. You can refer to the CRA's fee schedule for more information.

Q: What documents do I need to submit along with Form RC364?
A: You will need to submit various supporting documents along with Form RC364, such as a plan text, financial statements, and a statement of investment policies and procedures.

Q: Who do I contact if I have questions about Form RC364?
A: If you have questions about Form RC364, you can contact the Canada Revenue Agency (CRA) or seek assistance from a tax professional.

Q: Can I make changes to Form RC364 after submitting it?
A: Once you have submitted Form RC364, any changes or amendments will need to be made through a separate process. It is best to consult with the CRA for guidance on making changes.