Stroud Agencies
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Group RRSP Contributions


The Key to Group RRSP Contributions




   Immediate Tax Reduction
  • Canada Revenue Agency allows payroll deduction contributions to be made before taxes are deducted from pay.



$1000.00

Gross Pay

-   100.00   

Group RRSP Deduction

 $900.00

Gross Pay – Taxable Income




What is the biggest difference between a

Group RRSP and a Personal RRSP?

The group RRSP contributions are deducted at source and you are NOT taxed on these contributions. In other words, you get an immediate tax deduction!






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