Group Retirement Plans Nova Scotia
Employers can help attract and retain high quality employees by offering a group retirement package. These plans allow employees to payroll deduct a percentage of their salary into a group plan. Most employers match the contribution made by the employee up to a pre-determined percentage of the employee’s income. Running the plan is simple. The main benefits to employees are:
Employees need help with retirement planning. Too often, we see employees in their 40’s who have not started a retirement plan. Unless they hit the lottery, these people will be working into their 70’s. Will they be working for you?