Protect your employees and receive an attractive tax benefit with the right group pension service in Canada! Nour Private Wealth (514-556-9090) is the only name you need to remember!
Are you looking for a group benefits plan tailored for your company? Unsure of where to start? Nour Private Wealth is your trusted partner for wealth planning in Canada!
The company specializes in group pension services for all types of local businesses. From Voluntary Retirement Savings Plans to Pooled Registered Pension Plans, the trusted wealth planning group helps your business find the right management plan for your employees.
The services offer convenient retirement savings options for Canadian companies with full-time employees. Typically, group insurance plans cover medical-related costs, such as paramedical and ambulatory services, dental expenses, and certain prescription drugs.
Learn more about all the available plans at https://www.npw.ca/our-services/group-pension-services-in-canada/
Nour Private Wealth says that its group pension plans continue its mission of providing superior wealth planning and management services for high net-worth businesses and individuals. All plans can be customized to your specific needs, including how the plan will be funded and the specific benefits it offers.
One of the more popular group benefits plans is the Pooled Registered Pension Plan (PRPP). This is a contribution-style plan for employees who are not covered by a workplace pension. In PRPP, both you and the employee contribute an equal pool of funds each month for the employee’s future benefit. However, unlike other pension plans, PRPP can be transferred with the employee, meaning that they can have the same plan even if they change jobs.
For companies in Quebec, Nour Private Wealth also offers Voluntary Retirement Savings Plans (VRSP). This savings plan is a viable alternative to PRPP and is recommended for companies that want more flexibility. A VRSP is a voluntary retirement plan that allows both you and your employee to contribute at each other's discretion.
Both plans have their own advantages and challenges, and it’s highly recommended that you speak with a management specialist at Nour today! This way, you are assured of getting the exact plan you need.
Nour Private Wealth provides other options as well, from Defined Contributions Pension Plans to Registered Retirement Savings Plans. Regardless, all plans are carefully tailored for each client and are guaranteed to have flexible and innovative features that anticipate future economic trends and circumstances. This gives you the peace of mind you need that your plan will continue to be financially resilient for years.
Aside from group pension plans, Nour Private Wealth also offers wealth planning, investment planning, and insurance.
A spokesperson for the group said, "Group benefit plans are offered by companies as part of their total compensation package. It is offered to employees regardless of their seniority, position, or qualifications and often includes medical coverage for employees and their dependents."
Go to https://www.npw.ca/what-are-group-benefit-plans-and-how-do-they-work/ so you can learn more.
