Adding a group savings plan to your employee benefits program allows you to offer retirement and savings options for your employees. A group savings plan can improve employee loyalty and retention, making financial planning and saving more straightforward for your employees.
Several options exist for group savings plans, including registered retirement savings plans, profit-sharing plans, traditional pensions, tax-free savings accounts, and other savings options.
Fincor can manage your group savings program by offering solutions from a range of companies. We’ll help you choose the best plan for your business and how much you want to contribute. Then, we’ll administrate your plan and ensure your employees have the tools they need to access information and manage their accounts.
We can review your current employee benefits or savings plan. We’ll provide a pricing assessment to ensure your program is competitive and offer sound advice moving forward.