What is an Individual Pension Plan?

January 22 2024

An Individual Pension Plan (IPP) is a robust tax-sheltered retirement savings vehicle tailored for business owners, incorporated professionals, and highly compensated employees in Canada. Sponsored by a corporation, an IPP takes full advantage of the defined benefit limits set out in Canada’s Income Tax Act, providing key advantages such as the following.

For more information, please reach out to one of our IPP representatives by at NewPlansTeam@wainc.ca or by booking a call here.