What is a Group RRSP?
A Group RRSP enables employees of a company to save for retirement by contributing to an RRSP through payroll deductions and receiving a tax break every pay at source. Because employees are participating as part of a larger group, they can often receive added benefits that most individual RRSP planholders do not.
These benefits can include things such as:
- 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
- Employee Semi-Annual or Annual reviews on site at the company
What IHOC Provides Group RRSPs
We will provide our group RRSP clients with:
- Personalized financial advice
- Access to wide variety of mutual funds and GICs
- Availability to present information sessions based on your company's need.
- An on-site financial planner for two consecutive days every 6 months.
