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Tag: RRSP

Employer transferring profits to a secure trust managed by a DPSP trustee for employee retirement savings

Understanding Deferred Profit Sharing Plans: A Comprehensive Guide for Institutional Investors

August 2, 2024 FinanceFacts101 Business Finance

Introduction to Deferred Profit Sharing Plans (DPSP) A deferred profit sharing plan (DPSP) is an essential component of the retirement savings landscape for institutional investors in Canada. DPSPs are employer-funded plans that enable employers to share their profits with employees as a means to incentivize them and help prepare for

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