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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Sound for this online session is streamed directly through your computer or electronic device. Participants will not be provided with a dial-in number.
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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 pre-submitted questions.
After registering online for an archived webinar, you will receive an email confirmation that is sent approximately 2 business days after the registration has been processed. This email contains the login information for the webinar.
Cancellations: No refunds will be issued once the email containing the login information has been provided.