CORPORATE SERVICES - GROUP RRSP
Group RRSPs provide an effective mechanism to help employees save for their futures, while allowing an
employer to provide an immediate tax benefit.
Employees benefit from higher pay-period net income by reducing their taxable incomes at source, rather than waiting for their annual tax refunds. RRSP contributions also promote the saving discipline required to
increase long-term net worth.
Employees receive a free personal and confidential financial consultation with ongoing monitoring of their portfolios.
Who can purchase it?
Any employee of a company which has opened a group RRSP plan.
How is it paid for?
With contributions from an employer, employee or both.* Employees must be on the company payroll.
Contributions by the employer are owned by the employee but may not be transferred while an employee.
Total contributions are limited by an employee’s registered retirement savings plan contribution room.
*Mutual funds provided by
Candor Financial Group Inc.
©2020 ARMEL AND ASSOCIATES INC. ALL RIGHTS RESERVED.
employer to provide an immediate tax benefit.
Employees benefit from higher pay-period net income by reducing their taxable incomes at source, rather than waiting for their annual tax refunds. RRSP contributions also promote the saving discipline required to
increase long-term net worth.
Employees receive a free personal and confidential financial consultation with ongoing monitoring of their portfolios.
Who can purchase it?
Any employee of a company which has opened a group RRSP plan.
How is it paid for?
With contributions from an employer, employee or both.* Employees must be on the company payroll.
Contributions by the employer are owned by the employee but may not be transferred while an employee.
Total contributions are limited by an employee’s registered retirement savings plan contribution room.
*Mutual funds provided by
Candor Financial Group Inc.
©2020 ARMEL AND ASSOCIATES INC. ALL RIGHTS RESERVED.