what is prpp
A PRPP is a new, accessible, straightforward retirement savings option for individuals, including those who are self-employed. A PRPP enables its members to benefit from lower administration costs that result from participating in a large, pooled pension plan.ince the investment options within a PRPP are similar to those for other registered pension plans, its members can benefit from greater flexibility in managing their savings and meeting their retirement objectives.
Newsletter. A pooled registered pension plan (PRPP) is a type of pension plan that is similar to a defined contribution plan; however, employer contributions are not mandatory.A PRPP pools contributions together to achieve lower costs in relation to investment management and plan administration.ewsletter. A pooled registered pension plan (PRPP) is a type of pension plan that is similar to a defined contribution plan; however, employer contributions are not mandatory.