PayTrak Pension Options
Want to streamline your employees retirement savings options?
Participating in PayTrak Pension means offering your employees the opportunity to participate in a group RRSP savings accounts. It's easy; you set the parameters in adherence with our policy (attached below) and contributions are calculated & deducted on every pay.
PayTrak Protect & Pension One-time Implementation fee; $200
PayTrak Protect & Pension monthly administrative fees; $25 (1-10 ees)/$35 (over 10 ees)
Note: Your employees are responsible for monitoring their contributions as per the CRA limits. This amount will vary per employee. Employees can check their contribution limits using the following methods:
Employees can also get their RRSP deduction limit by calling the CRA at 1-800-959-8281.
PayTrak Pension (RRSP) Client Agreement
PayTrak Pension Employee Application