A Group Retirement Savings Plan (GRSP) is an employer-sponsored benefit that helps attract and retain key employees for the long term. Industry surveys report that employees place a great deal of importance on their group benefits plan, and a retirement savings plan is considered a valuable addition to their whole compensation package.
It is key for employees to understand the importance of saving for retirement and employers can help encourage them to save for their futures by implementing a Retirement Program that allows them to defer paying income tax on their RRSP savings until the money is withdrawn.
Our experienced and capable team of licensed specialists are committed to assist you with designing, implementing and managing your Retirement Program, including compliance.
Contact us for more information.
