The Individual Pension Plan (IPP)

Dr. Yatin Chadha hosts Jean-Pierre Laporte, BA, MA, LLB, RWM, CEO at Integris Pension Management Corp to discuss Individual Pension Plans (IPP)

This is an under-discussed topic in personal finance and is highly relevant to all incorporated professionals.

The discussion includes:

General

- overview

- eligibility, ideal candidate

Funding and Tax Advantages

- work around for passive income rules

- increased contribution room relative to RRSP

- tax deduction for investment management fees

- access to additional investment instruments

- special payments

- terminal funding

- income splitting

- rolling over the RRSP into IPP

Limitations

- age

- cost

- diversification rules