Pension Plans

Individual Pension Plans (IPP) and Personal Pension Plans (PPP)

Very few small businesses take advantage of a corporate Registered Pension Plan (RPP) structure. From a retirement standpoint they are excellent tax deferred products for owners that draw T4 management fees. Not only can you invest company funds in a tax deferred shelter, but you also receive a tax deduction in the company. This pre-tax investment planning offers an advantage over the traditional investment strategy through a company’s after-tax retained earnings. The downside is that these products are quite complicated and can be relatively costly to maintain if not properly selected or fully maximized. Whether just for yourself as an owner, or for all your employees, we can assist in coordinating your tax planning and corporate retirement planning objectives with your investment advisor(s).