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Are you saving in a Group
Pension Plan?
Pension Plans are the most tax efficient
means for individuals to save for retirement.
Pensions
provide:
- income at old age when no longer in full time employment
- income if
permanently disabled/unable to work
- beneficiaries with
some income in the event of death for a period of time
Benefits
of a pension plan
- Contributions are
made tax free
- Investment gains
are tax free
- Allows consistent
(forced!) savings
- Contributions will
increase based on salary increases
- Pension increases
possible where the Plan can afford
- Professional
investment management
- Contribution of
Employer
If
you are self- employed or employed to a Company that does not offer a Pension
Plan, get more information on the Prime IRA
If you are not authorized to use this system please disconnect.
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