Deferred Income Plan for Professional Athletes
This plan offers professional athletes the opportunity to defer taxes on income to a time when they are in a lower tax bracket. While athletes generally have a burst of high income in a relatively early stage of life and for a brief period of time, a deferred income plan can balance their taxation over time.

Deferred Salary Leave Plan (Sabbatical Plan)
A Sabbatical Plan is a savings plan used mostly by teachers and medical professionals. Money is put aside on a regular basis over several working years and later withdrawn, either in a lump sum or periodically, during an extended leave or sabbatical. A formal arrangement can ensure that your sabbatical income and all expectations and obligations are clear with your employer.

Group Registered Education Savings Plans (RESPs)
An RESP is a registered program where tax is deferred income on contributions until withdrawn by the beneficiary, usually the child or grandchild of a contributor, while attending post-secondary schooling. In recent years, the Canadian government has made RESP withdrawals less onerous and will match a portion of contributions to the plan through the Education Savings Grant.

Group Non-Registered Payroll Savings Plan
A group non-registered plan combines the convenience of saving through payroll deductions with the flexibility of saving outside a registered plan. Contributions can be invested in any instrument and are not subject to contribution or foreign content limits. As with any non-registered plan, there may be taxes payable on any gains from the plan.

A non-registered plan can be useful as a supplement to your retirement plan or savings for a short-term expenditure, such as upcoming purchases or vacations. For short-term expenses, a non-registered plan may ensure that you earn interest on your savings instead of paying interest on a loan.