With PEO Canada
At PEO Canada, we offer personalized savings plan solutions that empower your employees to secure their financial futures.
With a wide array of investment options, including Registered, Non-Registered, and Tax-Free Savings Accounts, employees can tailor their savings plans to suit their retirement goals and preferences. Backed by our expert guidance and access to world-class funds, PEO Canada’s Group RSPs offer an empowering retirement planning experience for your valued team members. Discover how our customized retirement savings solutions can enhance employee engagement and foster a culture of financial well-being and personal security within your organization.
The Benefits of Outsourcing Group RSP and Services
Group Registered Savings Plans (RSPs) offer employees a valuable benefit, empowering them to save for retirement through convenient payroll deductions, boosting their financial security and satisfaction.
Offering a competitive Group RSP helps attract top talent and retain valuable employees, positioning your company as an employer of choice in the job market.
Group RSPs provide tax benefits for both employees and employers, allowing contributions to grow tax-free until retirement, leading to potential tax savings for participants.
Employers can choose to match employee contributions to Group RSPs, demonstrating their commitment to employee financial well-being and fostering loyalty within the workforce.
Group RSPs often come with educational resources and tools that promote financial literacy, empowering employees to make informed retirement planning decisions.
Group RSPs contribute to a more engaged workforce, as employees become active participants in their long-term financial goals, leading to increased productivity and job satisfaction.
With decades of experience as leaders in the industry, we understand the importance of offering competitive and personalized investment options for your employees’ retirement needs.
Our team of financial experts provides guidance to both employers and employees, ensuring a smooth and efficient enrollment process and ongoing plan management. By choosing PEO Canada for Group RSPs and services, you provide your workforce with powerful partners in saving for a secure retirement, fostering loyalty and financial well-being among your valued team members. Rest assured that your employees’ futures are in dependable hands with PEO Canada as your trusted Group RSP and services provider.
Fall Back in Love With Your Business
We provide a total human resource management solution for enterprises of all sizes, allowing for complete access to our most valuable expertise and offerings. Focus on your bottom line and let us take care of the rest with support that enhances your ability to focus on business development and revenue generation.
If your business requires a less extensive approach, we also offer PEO Lite. This service provides payroll administration, workers’ compensation, and recruitment services solutions.
PEO Lite + offers the benefits of PEO Lite with additional support in time and attendance management, benefit plan administration, and group RSPs.
Client Success Stories
Frequently Asked Questions
Offering a Group RSP can be a valuable employee benefit, helping attract and retain talent. It also encourages employees to save for retirement in a tax-efficient manner.
A Group RSP is similar to an individual RRSP but is sponsored by an employer. It often includes additional features like employer contributions and simplified administration.
Yes, employees often have the flexibility to select investments from a range of options offered within the Group RSP, allowing them to tailor their portfolio to their risk tolerance and retirement goals.