Did You Know You Can Build Your Own Pension?

Did you know you can create your own defined benefit pension?

If you’re an incorporated business owner or professional – like a physician - you can create an Individual Pension Plan (IPP).

Sometimes called a ''Super-Sized RRSP'', it offers many benefits:

1) Higher contributions than RRSPs

2) Tax-deferral and income splitting

3) Corporate tax deductions

4) Creditor protection

5) Guaranteed retirement income

6) Succession planning

Buckle up. We're going deep

Did You Know You Can Build Your Own Pension?

Did you know you can create your own defined benefit pension? If you’re an incorporated business owner or professional – like a physician - you can create an Individual Pension Plan (IPP). 👇 Sometimes called a ″Super-Sized RRSP″, it offers many benefits: 1) Higher contributions than RRSPs 2) Tax-

Mark McGrath, CFP®, CIM®, CLU®