1. 5082 POINTS
    J Paul Wilson CFP, CHFC
    Certified Financial Planner, JPW Insurance Retirement Investments, Halifax, Nova Scotia, Canada
    A non contributory retirement plan typically refers to a type of pension plan where the company makes all the contributions. The employees may or may not be allowed to contribute depending on the design of the plan and the applicable legislation.

    In Canada, the value of the company's contribution reduces the amount you are permitted to deposit into your Registered Retirement Savings Plan (RRSP)

    If you would like to work with a local Retirement Planner, you could start with a Google search. For example if you search for: retirement planner Halifax or retirement planning Halifax, my name along with several others will come up. You can use the same method to find Retirement Planners in your community.

    If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.
    Answered on April 21, 2014
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