--0000000000002e028a05d825c9c7 Content-Type: multipart/alternative; boundary="0000000000002e028805d825c9c5" --0000000000002e028805d825c9c5 Content-Type: text/plain; charset="UTF-8" Hi Tim, Please see attached PowerPoint presentation, which explains the benefits of having a plan available to Canadian employees. This is similar to the 401K offering by HCA to its U.S. employees. The slides on the tax credit to an organization via the RRSP program are intentionally high-level and general because a tax specialist should provide any specific tax advice beyond that as each company has a unique relationship. Here is the link to the CRA on group RRSPs, which can be added if you'd like. However, here is a blurb that may help explain it a bit further: *Matching employee contributions lets your business claim a tax deduction, *depending on HCA's tax situation*. Also, since the employer contribution comes out of the *employee's paycheque* pre-tax, you *don't* have to withhold payroll tax. *Finally, although* the benefit is taxable and you have to report it on a T4 slip, you *don't* have to deduct income tax on the contributions you make to an employee's RRSPs if you have reasonable grounds to believe the employee c*an deduct *the contribution for the year. To report the benefit, put the taxable amount in box 14 under Employment Income and in the Other information area under code 40 at the bottom of the T4 slip.* With regards to attracting and retaining good talent in the marketplace. If an employee is in the market for a new employer and the salary/other variables are market competitive, an employee would surely choose a company with more robust benefits over a company with lesser benefits (inclusive of a group RRSP). So it's all about what you can offer potential employees (and existing ones) to make the offering more attractive over competing agencies. Let me know if you would like me to call you or set up a meeting with the advisor regarding this offering to our Canadian employees. Regards, Chuck -- Chuck Terlesky B.A., CCPE General Manager Home Care Assistance of Calgary, Alberta Office: 403-301-3777 10333 Southport Rd SW, Unit 107 HomeCareAssistanceCalgary.ca Click Here For Information --- Read Our Testimonials Join Our Newsletter We Are Hiring! Champions of Longevity --0000000000002e028805d825c9c5 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi Tim, Pl= ease see attached PowerPoint presentation, which explains the benefits of h= aving a plan available to Canadian employees. This is similar to the 401K o= ffering by HCA to its U.S. employees.=C2=A0 The slides on the tax credit to an organization via = the RRSP program are intentionally high-level and general because a tax spe= cialist should provide any specific tax advice beyond that as each company = has a unique relationship. Here is the=C2=A0 link =C2=A0t= o the CRA on group RRSPs, which can be added if you'd like. However, he= re is a blurb that may help e