Pension plans aren’t only for big businesses. Manulife’s FutureStep™ is a great option for small to midsize business owners interested in setting up a group Registered Retirement Savings Plan (RRSP) plan for their employees.
What is FutureStep™?
Manulife’s FutureStep™is an affordable, easy-to-manage workplace saving plan that offers a host of benefits for your business and your employees.
Business owners: You get a high-value benefit that will help attract and retain skilled employees. The plan is administered at no cost to you and any employer contributions are tax deductible. You also have the option of adding a Deferred Profit Sharing Plan to the mix.
Employees: You will enjoy tax-free savings (until withdrawal), low investment management fees, and automatic payroll deductions that make it easy and convenient to contribute to your retirement.
FutureStep™ is offered exclusively to members of the Johnston Group or Chambers of Commerce Group Insurance Plan.
Get in touch to find out how you can access this innovative product.