Personal Pension Plan

Personal Pension Plan or PPP is a Defined Benefit Pension Plan, or Defined Contribution Plan, established by an incorporated company with unique tax advantages to enhance retirement income for the shareholder-employee owner of the company.

Profile of Suitable Candidates

Incorporated professionals such as:

• Real Estate agents
• Doctors, etc.
• Dentists
• Lawyers
• Accountants
• Owners of Canadian Controlled Private Corporations

• Up to 40% higher annual eligible contribution than with RRSP
• Tax deductible direct from corporation
• Ability to make tax-deductible contributions for past years of service
• Up to seven new deductions from administration and other costs
• Defined annual growth rate 7.5% and deductible top up opportunities if market downturn or sabbatical
• Existing RRSPs can be rolled into the registered Pension Plan
• Multi-family member pension beneficiaries
• Eases sale of business, generational succession wind-up or estate settlement
• Creditor protection of pension assets (some caveats apply)
• Corporate assets moved tax deductible to personal pension plan in trust for beneficiaries