IPPs give incorporated business owners a secure, tax-efficient way to build long-term retirement wealth, with contribution limits that go well beyond what an RRSP allows.
Individual Pension Plans (IPP) are CRA-approved defined benefit retirement plans for incorporated Canadians offering higher contribution limits than RRSPs, corporate tax deductions, creditor protection, and predictable retirement income.
An IPP is a CRA-compliant registered retirement plan that lets incorporated professionals convert corporate earnings into secure, tax-efficient retirement income.
RRSP limits cap how much you can save. IPP contributions increase with age, so the older you are, the more room you have.
Corporations can deduct annual contributions, past service contributions, and administration and actuarial fees.
Transfer corporate dollars into personal retirement wealth without the tax hit from salary or dividends. Especially useful before a sale, succession, or exit.
Guaranteed retirement income with optional inflation protection and survivor benefits. Certainty, not projections.
IPP assets are creditor-protected during legal, financial, or industry challenges, keeping retirement safe through unexpected events.
Your retirement isn't tied to selling your business at the perfect time or price. You can exit earlier or in a down market without it costing you later.
IPPs require incorporated status and a T4 employment income history. That history determines how much contribution room you have.
The older you are, the more an IPP contributes relative to an RRSP. Prior service years can often be funded retroactively.
An IPP is one of the most efficient ways to move corporate dollars into personal retirement wealth, especially ahead of a business sale.
We handle the actuarial work, CRA registration, annual filings, and investment coordination. You focus on running the business.
IPP contributions increase with age and years of service. After 40, the gap over RRSP room often becomes significant.
Contributions, administration fees, and actuarial costs are all deductible by the corporation, reducing taxable income at both levels.
Transfer corporate dollars into personal retirement wealth without the hit from salary or dividends. Particularly useful before a business sale or succession.
Calculation of contribution limits, tax savings, and retirement income potential.
Carrier team handles actuarial work, documentation, and CRA registration.
Ongoing plan administration and compliance reporting.
Investment coordination, retirement income planning, past service, and terminal funding.
An IPP must be CRA-registered, follow defined benefit funding formulas, and file actuarial valuations and required reports. Benefits are paid under plan terms at retirement.
IPP contributions are actuarially determined using CRA-prescribed formulas based on age, T4 salary, and pensionable service. Older members generally have higher allowable contributions.
An IPP provides defined, formula-based pension benefits under plan terms, while an RRSP offers no guaranteed payout. Withdrawal amounts depend on investment performance and conversion choices.
While you can approximate using age, salary, and service, only an actuary can certify actual IPP contributions under CRA formulas.
Yes. In most provinces, IPP assets are protected under pension legislation, shielding them from creditors during lawsuits, financial trouble, or bankruptcy.
No. An IPP must be managed by a licensed professional following pension investment rules, ensuring compliance and removing management workload.
Free IPP assessment. We calculate your contribution limits, tax savings, and retirement income potential. No obligation.
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