Offering group pensions at your business in Collingwood will give your employees confidence that their financial future is secure.
At BlueRock Corporate Benefits, we are committed to providing you with the solutions you need to secure the future of your business in Collingwood, Ontario. One such way in which we can assist you is by providing group pensions as a cost-effective option when providing your employees with the ability to save for retirement. Offering group pensions to current and future employees will improve morale and give your employees confidence that their financial future is secure.
Saving for retirement is often considered an important step on the path to financial success and may also provide a number of challenges. Group pensions can help you and your employees in a number of ways.
- Earned Income with Deferred Tax – Until the money set aside by an employee is withdrawn from their designated retirement account, they will not need to pay taxes on the money withheld.
- Reduced Paid Income Tax – When employees make contributions to their group pensions, they can deduct these contributions from their taxes, reducing the amount of income tax they pay each year.
- Saving for Retirement – There is no better feeling for your employees than knowing that their financial future is secure because a regular portion of their income is put away for their retirement.
Our team at BlueRock Corporate Benefits is available to assist you as you determine whether group pensions are the right choice for your business. We are prepared to provide expert recommendations and offer financial solutions that will help you and your employees on the path to success. Contact us today to discuss your needs.
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