Group retirement plans include Group RRSP’s, deferred profit share plans (DPSP), defined contribution pensions and open savings accounts. Companies can help their employees save for their future financial security through a group savings plan.
Government social programs might only provide a basic post retirement supplement. Taking advantage of the concept of paying yourself first, the group plan can have many advantages to the employer and employee.
We have years of experience working on new plan setup, maintenance and modifications to ensure a group savings plan provides great value for both the employer and employees.