Industrielle Alliance, Insurance and Financial Services


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Group Savings and Retirement

Choosing a Plan

We offer the following plan types to best suit you and your employees:

Legend

TFSA:

Tax-free savings account

RRSP:

Registered retirement savings plan

RPP:

Registered pension plan

DPSP:

Deferred profit sharing plan

IPP:

Individual pension plan

SPP:

Simplified pension plan

 

Your Requirements

Plans

Would you like to contribute to the pension plan of your employees?

Yes:
Defined contribution RPP
Defined benefit RPP
SPP
IPP
DPSP

No:
RRSP
TFSA

Do you want to ensure that the money is used only for retirement?

Yes:
Defined contribution RPP
Defined benefit RPP
SPP
IPP

No:
RRSP
DPSP
TFSA

Does the plan increase the cost of employee benefits when you contribute?

Yes:
RRSP
TFSA

No:
Defined contribution RPP
Defined benefit RPP
SPP
DPSP
IPP

Do you want to contribute only if the company makes a profit?

Yes:
DPSP
RRSP
TFSA

No:
Defined contribution RPP
Defined benefit RPP
SPP
IPP

Do you wish to contribute according to employee productivity?

Yes:
DPSP
RRSP
TFSA

No:
Defined contribution RPP
Defined benefit RPP
SPP
IPP

Must the employer’s portion be vested immediately?

Yes:
SPP
RRSP
Defined contribution RPP
Defined benefit RPP
IPP
TFSA

No:
DPSP

 


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