Employers match workers' RRSP contributions
By Gordon Powers, Sympatico / MSN Finance
If your employer offers any kind of RRSP at work, be sure to get on board. While not as attractive as the guaranteed pension plans found in the public sector, they’re still generally a good deal.
Many employers support their employees’ retirement savings by matching their RRSP contributions – either up to a certain percentage of salary or as a flat amount – to an RRSP of their choice or to a company-sponsored group RRSP. And, if you're not taking advantage of that match, you’re losing out on free money.