The Freedom Financial™ NextStep™ plan provides retirement and savings guidance for people moving on from your organization.
You helped them plan for the future when they were part of your team.
With the Freedom Financial™ NextStep™ plan, you can make sure your retiring or departing employees start this new financial chapter of their lives with the same confidence – and similar great group rates - they had when they were saving with your group retirement savings plan.
We’ll help your departing or retiring employees understand the retirement savings and income options available to them in NextStep – RRSPs, TFSAs, RRIFs, LIFs and more – and we’ll offer them expert guidance on the right next steps for their future.
If they’re terminated or moving on, they need to choose what happens to the money they’ve saved with you. Before they retire, your members need to decide how they’ll turn their savings into retirement income.
As people approach retirement, this can be a complex decision, but you can make this step easier by teaming up with Canada Life, with no additional administration or costs for you as their plan sponsor.
Our experts can help you figure out an approach that works for your business.