Individual Pension Plan (IPP)

Are you a business owner? An IPP is a registered pension plan that can be set up for a single participant. It brings significant tax advantages and lets you determine the amount you would like to contribute towards retirement. Talk to your account manager.

Already a IPP client?
1-877-413-1194 (toll-free)

Discover the individual pension plan for business owners

  • IPPs provide higher contribution limits than RRSPs.
  • IPP contributions and costs are tax deductible and paid for by the company.
  • At retirement, amounts continue to grow tax-tree if the annuity is paid out of the plan.
  • Contributions can be made for recognized years of service prior to opening the IPP.
  • Modifications can be made to the plan's provisions to improve pension benefits, including: increase in the indexation of the pension, early retirement without actuarial reduction and bridging benefits. These changes may entail additional contributions, which will be tax-deductible for the company.
  • The surplus can generate additional income upon retirement.

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