A common formula is 2% employee deposit with a matching 2% deposit by the company. However, organizations can set funding formulas at their discretion. Organizations can also set up a DPSP (Deferred Profit-Sharing Plan) for the matching deposits as company dollars in this type of vehicle are considered a tax-free transaction. All deposits are withdrawn pre-payroll, so it minimizes payroll taxes for the employee and employer each pay period. Employees are more likely to participate in a voluntary GRRSP when the employer matches their deposits or combination GRRSP and DPSP.