Guaranteed benefit plan

A Guaranteed Employee Pension Plan (GEPP) is a savings plan used to accumulate retirement savings offering the same tax advantages as a pension plan. 

To decide which is the best guaranteed benefit plan, remember that it can be opened through life-savings insurance, which means that in the event of the death of the policyholder, the beneficiaries will receive the capitalized contributions up to the date of the death. It is a long-term benefit plan.