Learn how the power of a group plan can give you tax advantages and lower fees. Save more with your group retirement and savings plan.
Narrator: Joining your group retirement and savings plan is an easy way to save.
Description: Jean relaxes in an armchair. Her piggy bank runs in from behind the chair and leans on her ankles.
Narrator: Your group retirement savings plan (RSP)
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Narrator: can help you pay less income tax today because your contributions are tax deferred.
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Narrator: That means you won’t pay tax on contributions
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Narrator: until you take them out later in life when your income and tax rate will likely be much lower.
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Narrator: You’ll also usually pay lower investment management fees (services needed to manage the fund) than an individual plan.
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Narrator: because they’re shared among a large group, instead of paying them on your own.
Description: One person is compared to a group with a bar graph. The individual has higher fees.
Narrator: Both of these benefits – tax deferral and lower fees,
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Narrator: help you make the most of your group retirement and savings plan.
Description: Return to Jean in armchair with piggy bank. She pets the bank as its tail wags.
Narrator: Get started today at GRS Access.
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