We offer a range of retirement packages available for companies of every size. Let us help you navigate through your choices and find the best plan for your company and your employees.
Enhance your overall benefits and compensation package in an efficient way and set yourself apart as an employer of choice. Our group retirement plans require little adminstration.
Retirement Plans for Owners
As the owner or senior executive of a company, you can participate in the employee retirement program offered by your plan sponsor. However, there may be a better option available to you. An Individual Pension Plan (IPP) can provide higher pension benefits for small business owners and executives who meet specific criteria. With an IPP, there is the potential to save more for retirement because the contribution limit is higher than an RRSP.What it does:
- Allows for higher deductions than an RRSP
- Allows for additional deductions through the recognition of past service
- Creates a larger retirement income for the executive/owner
- Provides inexpensive and simplified administration
- Makes funds creditor proof
ICBA Benefits Services will handle all the administration for you, giving you peace of mind as you watch your retirement savings grow. Contact a representative today to gather more information and our experts can arrange a confidential meeting with you to assess IPP within the context of your comprehensive financial and estate plan.
With a Group Retirement plan you can enhance your overall benefits and compensation package in a tax-effective way and set yourself apart as an employer of choice. It’s simple to set up, requires very little maintenance, and our insurance carriers provide expert monitoring of investments.
Group Retirement Plan for Employees
With a Group Retirement plan you can enhance your overall benefits and compensation package in a tax effective way and set yourself apart as an employer of choice. It's simple to set up and takes three steps:
1. Choose the plan that best fits your business from the available options
2. Decide on the contribution model
3. Proceed with easy plan set up
Our group retirement plans with insurance carriers require very little ongoing administration. Fund management fees are also much lower than typical retail products. Our insurance carriers provide expert monitoring of investments, easy employee access to on-line tools for useful financial planning information, and high quality fund statements.