The Individual Pension Plan: A 'Super-Charged' RRSP?
Individual Pension Plans (IPP) have been described as corporate RRSP's or 'Super-Charged' RRSPs. They are essentially defined benefit plans for private corporations and incorporated professionals. IPPs are not very popular, but recent tax changes are giving these retirement savings vehicles more attention. Mehul interviews Navaz Cassam, President of the Alberta-based actuarial firm, GBL Inc. on all things IPPs. We hope you enjoy the episode!
This podcast episode has been prepared by Mehul Gandhi, CFP®️, CLU®️, TEP an Estate Planning Specialist and Senior Insurance Advisor for Westmount Wealth Planning Inc. Westmount Wealth Planning Inc. is a subsidiary of Westmount Wealth Management Inc. Westmount Wealth Management Inc. is registered as a Portfolio Manager in British Columbia, Alberta, and Ontario.
This episode contains the current opinions of the host and guests, and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide personalized legal, accounting, tax, or specific investment advice. Please speak to a Westmount Wealth Advisor regarding your unique situation.