Group Registered Retirement Savings Plan
These days, many employers are offering a Group RRSP to their employee’s compensation package. Providing excellent benefits and compensation will attract and retain the best employees to your organization.
We have available to you, a Group RRSP that is designed to meet the unique needs of small business owners.
What’s a Group RRSP?
A Group RRSP is a collection of individual RRSPs where a company or organization has agreed to sponsor the group. It allows employees to contribute to their RRSP through payroll deductions and employers may choose to match some or all of the contributions.
One of the best things about setting up a Group RRSP is that there is no cost to you and it is easy to administer.
- Plan set-up is quick and easy and you decide when employees become eligible to join and whether or not you’ll make employer contributions.
- Easy administration with a guide to help you or a support team to call.
- Competitive fees
- Leading funds
- 24/7 Information and Support for every member
This plan offers a plan for those employees that know very little about investing or for those that prefer to build and monitor their own portfolio.
Contact our office today to speak with an Advisor and learn more about setting up a Group RRSP for your organization.