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Group RRSPs is a registered retirement plan that works a lot like a regular RRSP. Josslin Insurance Brokers offers this no-fee service so you and/or your employees can contribute money for your employee’s retirement to the plan. Often, the money comes right off their pay so they won’t be tempted to spend it first.
Your employee must be working for you in order to participate.
A monthly amount comfortable for the employee. Money comes right off employees’ earnings, and they may pay less taxes as a result.
Josslin would be happy to provide you a quote on your group RRSPs. Please contact Romano Klomp if you have any questions or would like a quote.