Group Retirement Plan
Farah Financials
A Group RSP is a collection of individual RSPs where a company or organization has agreed to sponsor the group. It allows employees to contribute to their RSP through payroll deductions and employers may choose to match some or all of the contributions.
What are the benefits of a Group RSP?
- It can help your employees save for retirement, while potentially boosting morale and motivation.
- You can use a Group RSP to attract, as well as reward and retain, valuable employees.
- Low costs and easy to administer.
- You have a choice as to whether you want to match your employees' contributions or not.
Give your employees more ….
Our group plan experts currently are available to help you to design a customized plan depending on the size of the group, your objectives of the plan sponsor and the benefit plan budget.
We can save money for your company immediately without changing your current benefits' provider.