Examlex
Briefly discuss each of the four channels of distribution.
Nonmandatory Major Benefit
A significant employment perk that is not legally required but is offered by an employer to attract or retain employees.
Canadian Organizations
Entities based in Canada, functioning across various domains, including non-profit, governmental, and business sectors, adhering to Canadian regulatory and cultural standards.
Group RRSPs
Group Registered Retirement Savings Plans, an employer-sponsored retirement savings plan that benefits from group contributions and tax advantages.
Defined Contribution Plans
A type of retirement savings plan where the amount of the employer's annual contribution is specified, with the future retirement benefits depending on the investment's performance.
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