Group RRSP
Consulting Services | Group RRSP | Work Place Seminiar
If you are a small business owner, or work for a small business without a company pension plan, you should consider a Group Registered Retirement Savings Plan. A Group RRSP benefits everybody.
If you are a business owner, you benefit by:
- Being able to offer an attractive, no-cost benefit to your employees, giving you a competitive edge and helping you recruit and keep top people.
- Paying no administration or set-up fees.
- Not worrying about time consuming paperwork—everything is done through payroll deduction.
Your employees benefit by:
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Enjoying immediate tax savings, since all their savings are going straight into their RRSP before tax is deducted from their pay cheque.
- Being able to start a disciplined savings plan, for as little as $30 a month that will help them take advantage of important investment strategies such as dollar cost averaging.
- Enjoying enhanced interest rates and lower fees compared to an individual plan.
Having the flexibility to custom design their RRSPs.