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Tag: personal pension plan

Retirement Savings for Business Owners Part Two: The Individual Pension Plan
February 1, 2019in Business, Individual Pension Plan, News, Retirement0by admin

Retirement Savings for Business Owners Part Two: The Individual Pension Plan

If you haven’t already thought about starting a Individual Pension Plan (IPP), they’re worth looking into. The IPP is a registered plan for business (CCPC) owners and incorporated professionals such…

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September 30, 2015in Individual Pension Plan, News, Retirement, Taxes0by admin

Can IPP plan members take a $48,730 Personal Tax Deduction in 2015?

YES. If your T4 income (salary/bonus) is at least $140,000 you can contribute $24,930 to an RRSP. If you become an IPP plan member in the same year, and start…

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August 27, 2015in Business, Individual Pension Plan, News0by admin

Should You Treat Your Business Like a Pension Plan?

Incorporated professionals and business owners no longer have to worry that some Canadians have access to superior pension plans. The Individual Pension Plan (IPP) was developed specifically for business owners and…

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