Group RRSPs

A Group RRSP is a collection of individual RRSPs you can offer to your employees. They're a valuable benefit that will help increase employee retention.

You and your employees can select a diversified portfolio through our wealth specialists. Both you and your employees may contribute (up to limits set by Revenue Canada). Your employees determine how their contributions are invested. Even if your business already has a pension plan, employee funds in an existing plan can continue to build in tandem with your Group RRSP.

Innovation Credit Union or Credential Asset Management Inc., our wealth services partner, will generate and distribute all the necessary receipts and reports.

To find out more about Group RRSPs or have a wealth specialist make a presentation to your place of business you can:

 

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Federal Continuance

For information on upcoming changes to DEPOSIT INSURANCE if we become a federal credit union, see our disclosure notice. Creditors who have concerns may contact Innovation Credit Union.

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