Group RRSP
A Group RRSP is a collection of individual RRSPs offered to employees by their sponsoring employer. Contributions are taken from the employee's pre-tax pay through payroll deductions, reducing their tax burden immediately. Contributions are then deposited into their RRSP as specified.
By contributing a small percentage of your income on a regular basis, you will build a nest egg that will help provide the security and retirement income you'll need to achieve financial independence after retirement.
There are a variety of flexible retirement-savings products for Canadian groups, including
Defined contributions pension plans,
Registered retirement savings plans,
Deferred profit-sharing plans,
Non-registered savings plans,
Employee share ownership plans, and
Investment only services for defined benefit plans.
Support Services:
Diverse investment managers and funds (plus multi-manager mandates),
Tailored plan designs,
Automated tools to help plan sponsors manage administration, plus
Education resources to engage members in planning actively for retirement.
For More Information, please contact Katherine Le.