The sponsor’s loyalty cash reward is deposited into a member’s selected and customized PensionIT TFSA or RRSP account.

For example,  a 25 year old painter who becomes a PensionIT member and purchases $2,500 worth of materials from one or multiple sponsors per month ($30,000/year) will earn 5% cash rewards.

If the painter does this every month for 40 years and the investment compounds monthly at 6.5% per year, this young painter will retire with an estimated $258,189 just from being a PensionIT member.