Group Retirement

Offering a group retirement and savings plan can be an affordable and effective way to attract, motivate and keep employees, while helping them save for their retirement. But it’s not just about your employees. There are real benefits to your company when you offer a plan. 

Tomorrow’s success is built on today’s thoughtful decisions.

What is a Group Retirement Plan?

A group retirement plan is arranged by an employer for their employees as a workplace benefit. An employer may wish to offer a group retirement plan as their contributions are tax-deductible and the plan acts as a strong recruitment/employee incentive.

Once the plan is implemented, employee contributions are invested in preselected investments offered under the plan. Employers often match a percentage of the contributions made by their employees. For employees, it’s an excellent and easy way to save for retirement or other life goals.

A well-crafted group retirement plan strikes a balance between meeting the needs of employees and providing a cost-effective solution for your business.