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Group Retirement Plan Contribution Authorization Form SECTION 1: EMPLOYER INFORMATION Plan Sponsor Name**Required Informational Type* RESP Spousal RRSPNonRegistered Pension Another:SECTION 2: ANNUITANT

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How to fill out group retirement savings plan

01

Determine if your employer offers a group retirement savings plan

02

Enroll in the plan through your employer's HR department

03

Decide on the amount you want to contribute to the plan from each paycheck

04

Choose your investment options within the plan

05

Monitor and adjust your contributions and investments as needed

Who needs group retirement savings plan?

01

Employees who want to save for retirement in a tax-efficient manner

02

Employers looking to offer a retirement savings benefit to their employees

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What is group retirement savings plan?

A group retirement savings plan is a type of retirement plan provided by an employer to help employees save for retirement. It typically allows employees to contribute a portion of their income to a retirement account, often with employer matching contributions.

Who is required to file group retirement savings plan?

Employers are typically required to file a group retirement savings plan if they offer this benefit to their employees.

How to fill out group retirement savings plan?

To fill out a group retirement savings plan, employers need to gather information on employee contributions, employer contributions, investment options, and plan details. This information is usually reported to the plan administrator or retirement savings provider.

What is the purpose of group retirement savings plan?

The purpose of a group retirement savings plan is to help employees save for retirement in a tax-advantaged way and to provide a benefit that can attract and retain employees.

What information must be reported on group retirement savings plan?

Information typically reported on a group retirement savings plan includes employee contributions, employer contributions, investment options, plan details, and any changes to the plan.

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