A group Registered Retirement Savings Plan (RRSP) is a savings vehicle offered by an employer to his/her employees as a way to save for their retirement. Employees can contribute to the plan and attain certain tax advantages.
An innovative and flexible group retirement savings plan comes with important features, such as, low cost, little time or effort to run, high employee value and impact & easy to understand.
Group RRSP benefits are:
- Enhances employee appreciation and loyalty
- Helps you gain competitive edge
- Conveys your concern for employees’ life after work
- Contributes to employees’ financial security.