RRSP contributions through payroll can be set up as a benefit with employee deductions processed each pay period, possibly with an employer match. An employer may also choose to allow employees to transfer certain types of employment income to their RRSP, such as bonuses, to defer income tax. Join us to learn how an employer Group RRSP program works, taxable benefit implications for employer contributions and what types of income an employee can transfer to an RRSP to defer income tax.
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What You Will Learn:
- How RRSP contribution room is calculated
- If there a minimum or maximum age for contributors
- How to set-up a Group RRSP and develop a policy for contributions
- What types of employment income may be transferred to an RRSP
- What statutory deductions apply to an employer RRSP taxable benefit value
This webinar will be facilitated by Payroll Compliance Advisors from the Compliance Services and Programs department at the Canadian Payroll Association. This informative webinar will include answers to live and pre-submitted questions. Participants are invited to submit their questions in advance by e-mailing Webinars@payroll.ca before September 6, 2019.
After registering online for this event, you will receive an email confirmation. Confirmation emails are sent approximately 2 business days after the registration has been processed.
Three business days before the live event, you will be sent the link to access the webinar on the scheduled day.
Detailed instructions on accessing the webinar will be emailed to you on the morning of the event.
Cancellations must be received at least 4 business days prior to the webinar date to be eligible for a refund. No refunds will be issued after the login information has been provided.