Maximize your retirement savings while optimizing tax efficiency
Incorporated professionals such as doctors, lawyers, dentists and entrepreneurs, can start an Individual Pension Plan (IPP) and make tax-deductible contributions to their retirement, replacing RRSPs and surpassing its limits.
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Recognized & trusted by
Canada’s Specialist for Individual Pension Plans
An Individual Pension Plan is a registered defined benefit pension plan that offers many benefits for incorporated professionals such as doctors, lawyers, entrepreneurs, self employed and their employees.
IPP Investments is an actuarial firm entirely focused on implementing Individual Pension Plans (IPPs) for clients across Canada, building upon 20+ years of actuarial experience.
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STEADily increase your retirement fund Over Time
IPPs allow annual contributions over and above your RRSP limits for those over 40 years old, with higher contribution limits as you age or if investment returns are not achieved.
Reduce your corporate tax
IPP contributions and related expenses are tax-deductible, allowing you to reduce your overall taxation expense. Plus, investment earnings in the IPP are not taxed until withdrawn.
Retain full control of your investments
You and/or your financial advisor decide on the investments made with your contributions within your desired risk level.
Build a predictable retirement income
Unlike RRSPs, IPPs define a fixed inflation adjusted pension income which provides certainty and peace of mind for your future.
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Protect investments from creditors
Your IPP contributions and assets are protected from creditors under federal and provincial legislation, including any assets transferred from your RRSP.
Enhance your estate planning
IPPs allow you to supplement your estate plan by ensuring your spouse will receive retirement income for life. Upon their passing, any remaining assets in the plan will be distributed to your beneficiaries.
Remain flexible to your changing needs
IPPs are flexible depending on your cashflow, with no minimum contributions required (in certain provinces including Ontario), and the option to rebalance your savings at any time without tax consequence.
Buy-back previous years
Unlike RRSPs, an IPP may allow you to contribute a sizable tax deductible lump sum to the pension plan to “buy back” previous years of service, allowing you to further strengthen your retirement assets.
Your IPP can fund retirement and save taxes
View our IPP Services in more detail to:
“I am so pleased with my experience creating an IPP. The process was professional, efficient and thorough. Brian paid close attention to all details. I would recommend his service to any incorporated professional who wants to feel confident that their retirement years will be financially secure.“
Latest news, insights, and ideas
Are you ready to get serious about retirement?
Book your free consultation with Brian Noy FSA, FCIA, MBA to get started with your new IPP.
