Pointway Wealth & Benefits
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Group RRSP
Easy Retirement Savings for Your Team

Simple, flexible retirement savings with immediate tax benefits and optional employer matching.

What is a Group RRSP?

A Group RRSP is an easy-to-administer way to help employees save for retirement. Contributions are deducted directly from payroll, offering immediate tax savings. Employers can also match contributions if desired, adding real value to the plan.

These plans are flexible, portable, and a great recruitment and retention tool — especially in competitive industries. Employees maintain control over their investments while benefiting from group purchasing power and professional management options.

Immediate Tax Savings

Payroll deductions reduce taxable income immediately

Optional Employer Matching

Add real value with contribution matching programs

Portable & Flexible

Great recruitment and retention tool

Retirement Planning

Easy Administration

Payroll Integration

Seamless deduction from employee paychecks

Minimal Paperwork

Simple setup and ongoing administration

Regular Reporting

Clear statements for employees and employers

Employer Matching

Flexible Matching

Match a percentage or dollar amount

Employee Incentive

Encourages higher participation rates

Tax Deductible

Employer contributions are tax-deductible

Employee Benefits

Investment Control

Employees choose their investment options

Fully Portable

Funds move with employee to new jobs

Immediate Vesting

All contributions belong to the employee immediately

How Group RRSPs Work

Simple steps to retirement savings success

1

Employee Enrollment

Employees choose contribution amount and investment options

2

Payroll Deduction

Contributions automatically deducted from each paycheck

3

Employer Matching

Optional employer contributions added to employee accounts

4

Tax-Deferred Growth

Investments grow tax-free until retirement withdrawal

Investment Options

Conservative Options

Guaranteed Investment Certificates (GICs)
Bond funds
Money market funds

Growth Options

Equity mutual funds
International funds
Balanced portfolios

Target Date Funds

Automatically adjust investment mix based on retirement date

Why Choose Group RRSP?

Perfect for Growing Companies

Ideal for businesses looking to attract and retain talent with competitive retirement benefits.

Cost-Effective

Lower management fees through group purchasing power and reduced administrative costs.

Quick Implementation

Fast setup with minimal administrative burden compared to pension plans.

Employer Matching Strategies

Maximize employee participation and retention

Percentage Matching

Match 50% or 100% of employee contributions up to a certain percentage of salary

Example: 50% match up to 6% of salary

Dollar-for-Dollar

Match employee contributions dollar-for-dollar up to a maximum amount

Example: $1 for $1 up to $2,000 annually

Profit Sharing

Variable contributions based on company performance and profitability

Example: Annual bonus contribution

Start Building Retirement Security Today

Give your team the retirement savings plan they deserve with a Group RRSP.

Set Up Group RRSP Call: 1-888-676-4689