Product information

A retirement savings plan registered with CRA. This group arrangement covers Individual RRSPs offered by an employer to employees, allowing payroll deductions (pre-tax) for employee contributions. Associations can also offer a group RRSP to its membership.

A pension plan registered with Canada Revenue Agency (CRA) and the pension jurisdiction that is sponsored by an employer to provide a pension to employees upon retirement. 

SunAvantageTM my savings is designed for small businesses. It offers tax-efficient savings opportunities for employees, with the simplicity, level of service and support small business employers need to ensure that there's little time needed to administer the plan. 

A savings plan registered with the CRA. Contributions use employee after tax dollars, accumulate tax-free and can be used for both short- and long-term savings. 

A trusteed arrangement under which an employer shares profits from their business with all or a designated group of employees which objective can be to provide income at retirement. Usually offered in conjunction with an RRSP.

A trusteed non-registered plan under which employer contributions are tied to company profits and need not be for a specific reason (retirement).  Registration is not required, however documentation may be required by CRA confirming the purpose of the plan.

An NREG is a non-registered account and it is very straightforward from a tax perspective. Employees contribute after-tax dollars and are taxed on any capital gains and investment income earned. 

We understand plan sponsors face a myriad of competing priorities, and the challenges in trying to support all of these with the right level of focus, expertise and timeliness. With Sun Life Delegated DC, we lend our expertise to your plan, offering plan administration and oversight of your plan’s investment line up, as well as compliance support.

1 800-387-7262

1 800-387-7262

1 800-387-7262