Group Registered Retirement Savings Plan (RRSP)

Group Registered Retirement Savings Plan (RRSP)

Employee loyalty is valuable in today’s labour market. By setting up a group RRSP, you are offering them an excellent advantage and enhancing your reputation as a quality employer. This plan is intended for employers who wish to contribute or not.

Advantages

  • Simple to promote to employees as it is a recognized savings tool that is easily understood by all
  • Implementation and administration is much easier than a voluntary RSP.  It is a flexible and convenient saving tool to manage for both the employer and employees
  • There are no fees for the company
  • It offers the ability to customize each plan to meet his or her objectives, age and risk tolerance
  • It reduces investment management costs for employees versus individual RRSPs
  • It reduces taxation at source through contributions made from payroll

OUR OTHER MODULES

  • Group Registered Retirement Savings Plan (RRSP) Learn more
  • Deferred Profit Sharing Plan (DPSP) Learn more
  • Voluntary Retirement Savings Plan (VRSP) Learn more
Included in the solution

Pension Plan

Discover also

Group Benefits