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Group Retirement Savings

Types of group retirement savings plans we offer

We offer several group retirement programs designed to support your business and help your employees build long-term financial security.

Group RRSPs

  • Employee contributions are tax-deductible

  • Investments grow tax-deferred until retirement

  • Flexible contribution levels and investment choices

Deferred Profit Sharing Plans (DPSPs)

  • Employer-only contributions linked to company profitability

  • Contributions are tax-deductible for the employer

  • Encourages retention by aligning rewards with business success

Defined Contribution Pension Plans (DCPPs)

  • Fixed contributions from both employers and employees

  • Predictable costs for employers

  • Employees maintain control over investment direction

TFSA plans

  • Tax-free growth for both short- and long-term savings

  • Withdrawals are not taxed

  • A versatile savings option for employees at all income levels

Why offer a group retirement plan?

  • Attract and retain top talent

  • Support employee financial wellness and long-term savings habits

  • Benefit from tax-deductible employer contributions

  • Strengthen morale by investing in employees’ futures

Our services for employers

Plan design

We help select the right plan type and structure to align with your business needs and budget.

Investment options

Access a range of diversified investment choices tailored to different risk levels.

Employee education

We offer workshops, one-on-one guidance, and easy-to-understand materials to help employees make informed decisions.

Ongoing management

We provide regular plan reviews, compliance support, and administrative assistance to ensure long-term success.

Employee benefits of joining a group retirement plan

  • Easy, automatic payroll deductions

  • Tax-efficient saving (RRSPs and DPSPs reduce taxable income)

  • Potential employer matching

  • Access to professional investment management

Why choose ClearPeak Benefits?

  • Deep expertise in group retirement programs

  • Solutions tailored to small and mid-sized businesses

  • Clear, simple communication at every step

  • Ongoing support as your business and team evolve

Ready to take the next step?

Contact ClearPeak Benefits to explore group retirement options that support both your business goals and your employees’ financial future.