Retirement programs are growing in popularity as part of a comprehensive compensation and retention strategy. Retirement plans for businesses are divided into three options: Group RRSP; Registered Pension Plan (RPP), and Deferred Profit Sharing Plan. Combinations of the three are possible and often advantageous. All options have pros and cons, some have fees attached whereas others trigger payroll taxes. We can build the best plan option for your particular circumstances.
Individual Pension Plans (IPP) are also making a comeback and should be a consideration for business owners seeking higher pension limits and benefits, along with the ability to fund past years of service. Retirement plans are the new benefit frontier and can help set you apart as an employer of choice.