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Member Benefits | News

Boost staff retention with a group retirement savings plan

ByGreg Robins 2022-10-212022-10-21

Now more than ever, it’s time to encourage your employees to save by setting up a group retirement savings program.

Boost your staff retention and attract new team members with a simple to administer program to help employees save for their future.

A group retirement savings plan (RRSP) is an easy way for employees to save on a regular basis. Thanks to their flexibility, group RRSPs are definitely the most popular retirement savings tool on the market. For employers, there are many benefits including contributions to the group RRSP are deductible from the company’s taxable income as salary.

In addition, a tax free savings account (TFSA) allow Canadian residents to save and earn money tax-free. They are simple to administer and are not subject to cumbersome pension plan legislation.

Learn how you can set up a simple, flexible group savings plan for your team with a complimentary, no obligation quote with our exclusive partner, iA Financial Group today. If you are a member, log in to learn more below:

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The BeautyCouncil is situated upon the unceded traditional territory of the Skwxwú7mesh Nation and Tsleil-Waututh Nation. We would like to thank the Coast Salish people and value the opportunity to learn, share and grow on this traditional territory.

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© 2023 BeautyCouncil

  • Benefits
  • Certifications
    • Certificates of Qualification
    • BeautySafe
      • General Information
      • BeautySafe Level 1 – General Trades Practices
      • Refresher BeautySafe Level 1 – General Trades Practices
      • BarberSafe Level 1 – General Trade Practices
      • BeautySafe Level 2 – Esthetics
      • BeautySafe Level 2 – Hairstyling
      • BeautySafe Level 2 – Eyelash Extensions
      • BeautySafe Level 2 – Nail Technology
      • BeautySafe Level 2 – Piercing
      • BeautySafe Level 2 – Cosmetic Tattooing and Microblading
    • Order a Certificate of Qualification
  • Exams
  • News
  • Listings
  • Join us
  • Log in
  • About us
    • Get our free weekly email update
    • Consumers and clients
    • Contact
    • The Team and Directors
    • Members’ Code of Conduct
    • Terms and Conditions
    • Returns and Refunds Policy
    • Association Documents
    • Privacy Policy
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