Tax Free Savings Account (TFSA)

Tax Free Savings Account (TFSA)

The collective TFSA in and of itself is not a pension plan, but it can be an interesting complement to a pension plan. Indeed, it facilitates additional savings for projects in the shorter term or in addition to retirement.

Advantages

  • Easily complements the existing group plan
  • It provides opportunities for employers and employees to contribute
  • Funds may be withdrawn without tax consequences at any time
  • Easy to manage for the employer
  • Allows personalization of each plan depending on employee preferences.

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