Group Savings Benefits

Ottawa Life Insurance Brokers & Agents

A group RRSP plan is offered by employers or associations to help employees save for their retirement. Some employers may offer to match a portion of the employee’s contribution. It is a great way to help employees save for the future while deferring some of their taxes.

  • Wide range of investment options available
  • Typical percentage of contributions ranges between 3% to 10% of employee’s pay.
  • The employee chooses contribution percentage.

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