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Group Registered Retirement Savings Plans (Group RRSPs)



Employers have various options available to them to provide retirement benefits to their employees. The most common is the Group Registered Retirement Savings Plan (Group RRSPs).

Group RRSPs operate in exactly the same manner as individual RRSPs. In fact, a Group RRSP is nothing more than a group of individual RRSP accounts administered on a group basis (usually by the employer).

Here are the key benefits of a Group RRSP with Renaissance Investments:

  • Low minimum contribution amounts ($50).

  • A Systematic Purchase Plan that takes advantage of dollar-cost averaging and contributes to fulfilling retirement objectives.

  • Direct contributions from pay cheques, resulting in lower income taxes withheld during each pay period.

  • A tailored investment portfolio of Renaissance Investments Funds that achieves employee investment objectives.