A Group RRSP helps your employees save for retirement by contributing to an RRSP through payroll deductions. By contributing this way, they can also receive a tax break at each pay period. Because employees are participating as part of a larger group, they can often receive additional benefits that many individual RRSP planholders can’t access, including:
- Low or no fees on certain accounts
- Lower minimums on some types of investments
- Initial sign up session on site at the company
- Educational and information seminars at the company
EFG will provide you with personalized financial advice and present you with the best options to meet the needs of you and your company.