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For Businesses

Group Benefit Plans

One major factor in giving your employees a sense of security and satisfaction is having a solid benefits plan. When they don’t have to worry about paying for medical expenses, or financial protection in case of a illness or disability, they can focus on their work.

The advantages of having a benefits plan include:

  • Gives your business a competitive edge in the job marketplace
  • A tax effective form of compensation
  • Access to insurance at a reduced cost

If providing financial security to your employees is a priority to you, contact us today and we can design a specific plan that will best address the needs of your business and employee’s.

Group Registered Retirement Savings Plan

A Group Registered Retirement Savings Plan  is simply a collection of individual RRSPs where members (employees) make contributions through payroll deductions. The member realizes instant tax savings because the contribution is deducted from earnings before payroll taxes are collected.

The advantages to having a Group RRSP include:

  • Employees are more willing to stay with a company that has a group plan in place
  • Payroll deductions which result in immediate tax relief for your employees
  • Employer contributions are a deductible expense the year in which they are made
  • Increased moral, work satisfaction and loyalty

Whether you are establishing your first Group RRSP or replacing a current plan that no longer meets your needs, contact us today to see how we can offer straightforward solutions that benefit your business.