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New Member
posted Oct 29, 2019 8:10:02 PM

Waht is the difference between PRPP & RPP?

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1 Best answer
New Member
Oct 29, 2019 8:10:04 PM

A registered pension plan (RPP) is a pension plan that has been set up by your employer, and registered by us, to provide you with a pension when you retire: http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns206-236/207-eng.html

A PRPP is a retirement savings option for individuals, including those who are self-employed that enables its members to benefit from lower administration costs that result from participating in a large, pooled pension plan: http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/prpp-rpac/menu-eng.html

2 Replies
New Member
Oct 29, 2019 8:10:03 PM

is a PRPP a work RSP ? like Computershare?

New Member
Oct 29, 2019 8:10:04 PM

A registered pension plan (RPP) is a pension plan that has been set up by your employer, and registered by us, to provide you with a pension when you retire: http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns206-236/207-eng.html

A PRPP is a retirement savings option for individuals, including those who are self-employed that enables its members to benefit from lower administration costs that result from participating in a large, pooled pension plan: http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/prpp-rpac/menu-eng.html