Group RRSP

Help your employees' save for their future

By providing your employees with group RRSPs, you offer them the opportunity to invest in their future while receiving a tax advantage from the Canadian federal government.

Group RRSP accounts are held by an employer for its employees. Accounts can also be self-directed or you can nominate a financial planner to help you decide where your money should go.

  • Self-directed RRSPs: Aside from the tax advantage provided by the Canadian federal government, a self-directed RRSP account is very similar to a regular investment account.
    Owners of self-directed RRSPs are responsible for ensuring that their RRSP investments meet the legal requirements set by the Canada Revenue Agency. The penalty for not meeting these requirements is the loss of the income tax deduction.