Good morning,
I will be setting up a group RRSP through QBO. Our plan will meet the restriction requirement to be classified as a non-cash taxable benefit. I've included the exact wording:
"Your contributions are considered non-cash benefits and are not insurable if your employees cannot withdraw the amounts from a group RRSP (except for withdrawals under the Home Buyers' Plan or Lifelong Learning Plan) before the employees retire or cease to be employed."
How do I set up the RRSP Company Contribution in QBO so that the contributions are pensionable but not insurable? And likewise included in the T4 boxes 14, 26, 40.
Thank you
