A form of a trust that provides pension benefits for an employee of a company upon retirement. RPPs are registered with the government. The employee and employer, or just the employer make contributions to this retirement plan until the employee leaves the company or retires. Contributions to an RPP are tax deductible for both the [...]
Small business owners are constantly looking for ways to cut their costs and when it comes to insuring own employees there are certain alternatives to traditional group plans that may be quite costly for small enterprises. The two most common alternatives are purchasing alliances (also called purchasing pools) and association plans. The first are generally [...]
Here are some scary facts: through the past three years group medical insurance premiums have increased in two times and these increments were biggest for the smallest firms. All suggestions are that this course will be continuing for the predictable future. If you, as a business possessor, think this is right reason to panic, you [...]
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