Group Retirement Savings Plans
Simplify your employees’ retirement savings plans
An excellent way to encourage your employees to save for retirement is to deduct amounts directly from each pay cheque. There are several plans available; the one you select depends on your goals and whether or not the plan will be optional.
The main retirement savings vehicles are:
- Voluntary Retirement Savings Plans (VRSPs) which was introduced on July 1 2014;
(Read all articles relevant to the new VRSP by clicking here)
- Group RRSPs;
- Registered Defined Contribution or Defined Benefit Pension Plans (RPPs);
- Quebec Simplified Pension Plans (SIPPs);
- Deferred Profit Sharing Plans (DPSPs).
Please contact us
if you would like more information on the above plans.