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VERSION:2.0
PRODID:-//ChamberMaster//Event Calendar 2.0//EN
METHOD:PUBLISH
X-PUBLISHED-TTL:P3D
REFRESH-INTERVAL:P3D
CALSCALE:GREGORIAN
BEGIN:VEVENT
DTSTART:20181016T160000Z
DTEND:20181016T170000Z
X-MICROSOFT-CDO-ALLDAYEVENT:FALSE
SUMMARY:Individual Pension Plans (IPP) for Business Owners
DESCRIPTION:Are you an owner/manager\, at least 40 years old\, and consistently earning over $100\,000? The Individual Pension Plan\, or IPP\, is a special type of "defined benefit" registered pension plan that is designed primarily for highly paid owner-managers\, in order to provide the individual with the maximum amount of pension benefits allowed uner the Income Tax Act for defined benefit plans. A defined benefit plan determines the retirement benefit through a formula based on the plan member's average salary and years of plan membership or service.\n\n\n\nSummary of the advantages of IPPs\n\n	Greater tax-assisted savings than through RRSPs or Defined Contribution pension plans\n	Company contributions to the IPP are exempted from Canada/Quebec Pension Plan contributions\, EI premiums\, and provincial payroll taxes\n	Creditor protection is applicable to most assets which is not available with respect to RRSPs in most provinces\n	A guaranteed level of retirement income for the owner/manager is being generated outside the Company. The owner/manager does not have to rely solely on the proceeds of selling the business to fund the owner/manager's retirement.
X-ALT-DESC;FMTTYPE=text/html:Are you an owner/manager\, at least 40 years old\, and consistently earning over $100\,000? The Individual Pension Plan\, or IPP\, is a special type of &quot\;defined benefit&quot\; registered pension plan that is designed primarily for highly paid owner-managers\, in order to provide the individual with the maximum amount of pension benefits allowed uner the Income Tax Act for defined benefit plans. A defined benefit plan determines the retirement benefit through a formula based on the plan member&#39\;s average salary and years of plan membership or service.<br />\n<br />\n<em>Summary of the advantages of IPPs</em>\n<ul>\n	<li><strong>Greater tax-assisted savings</strong> than through RRSPs or Defined Contribution pension plans</li>\n	<li><strong>Company contributions to the IPP are exempted</strong> from Canada/Quebec Pension Plan contributions\, EI premiums\, and provincial payroll taxes</li>\n	<li><strong>Creditor protection</strong> is applicable to most assets which is not available with respect to RRSPs in most provinces</li>\n	<li><strong>A guaranteed level of retirement income for the owner/manager is being generated outside the Company.</strong> The owner/manager does not have to rely solely on the proceeds of selling the business to fund the owner/manager&#39\;s retirement.</li>\n</ul>\n
LOCATION:Quality Hotel & Conference Centre 424 Gregoire Dr.
UID:e.2702.1214
SEQUENCE:3
DTSTAMP:20260517T151904Z
URL:https://fortmcmurray-gzcms.preview.gochambermaster.com/events/details/individual-pension-plans-ipp-for-business-owners-1214
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