Group RRSP

We can provide these additional services through other financial services partners. Please contact an advisor at your Caisse populaire to find out more about the following products.

A grouping of centrally-managed individual RRSPs. Participants can build capital for retirement and enjoy the benefits of a good rate. The Group RRSP may be offered as a complement to an existing organization retirement plan or to a stand-alone RRSP.

Advantages for your organization

• Flexible and competitive administration fees.
• Simple to manage, which cuts back on administrative tasks.
• Tax break: employer contributions are considered as a salary expense and are deductible from the organization’s taxable income.
• Optional participation for the employer.
• Deal with only one contact person.
• Several ways to make contributions.

Advantages for your employees

• Immediate tax break: contributions are made by deductions at source.
• Contributions grow in a tax shelter.
• Money in an RRSP is not locked-in.
• Participants choose investments.
• Numerous and varied investment options.
• Competitive management fees.
• Option of investing in spouse’s group RRSP.
• Option of transferring locked-in amounts in a locked-in retirement account (LIRA).