VRSP
The voluntary retirement savings plan, simple to set up, with or without employer contributions.
Your team's retirement savings, properly structured.
VRSP, group RRSP, group TFSA or DPSP: we choose with you the plan that fits your team and your obligations.
Offered to businesses in Quebec and Ontario.
Who is it for?
A group retirement plan costs less to run than most owners think, and it is mandatory for many Québec businesses.
- Employers with five or more eligible employees who must offer a VRSP
- Businesses that want to contribute for their employees and keep them
- Owners who want to save for themselves through the business
What's included
Group RRSP
Contributions deducted at source, with an immediate tax saving on every pay.
Group TFSA
Tax-free, accessible savings that pair well with the RRSP.
DPSP
The deferred profit sharing plan, to share profits without payroll taxes on contributions.
Employee sessions
Clear explanations on site or online, so everyone understands their plan and enrols.
Follow-up and administration
Yearly plan review, fund changes, new hires and departures: you deal with one person.
Frequently asked questions
Another question? Call Ajet at 514 419-4920.
Is my business required to offer a VRSP?
In Québec, an employer with five or more eligible employees that does not already offer a pension plan or a group RRSP with payroll deduction must offer a VRSP. We check your situation and, when it makes sense, propose a better option.
Are employer contributions deductible?
Generally, yes. Employer contributions to a group RRSP are subject to payroll taxes, while DPSP contributions are not. That is one reason to combine the two.
Do my employees choose their investments?
Yes. Each member chooses from the funds offered by the plan, including simple options such as target date funds.
Our other services
Let's talk about your situation.
Call, write or request a meeting online. Ajet or Isabelle will answer you personally.