Group Pension Plans
Manulife FutureStep® is a Group Registered Retirement Savings Plan (RRSP); it is a great addition to any group benefits program.
Payroll deduction makes contributions easy and convenient, enabling your employees to save for the future while deferring income tax until the money is withdrawn.
How FutureStep supports the needs of your business:
1. A high-value benefit that will help you to attract and retain key employees
2. Easy to set-up, administer and manage
3. No administrative costs to employers
4. Employer contributions (if chosen) are tax deductible
5.Low Investment Management Fees (IMFs)
6. Employees' savings grow tax-free until withdrawal
This plan is offered exclusively to the Johnston Group and the Chambers of Commerce Group Insurance Plan; please contact our office to find out more details on how to access this great product!