Shelter More Income
Build a larger retirement nest-egg with a Personal Pension Plan™ (PPP®) by increased contribution levels on an annual basis.
Greater Asset Safety
Savings within a pension plan are protected from the claims of trade creditors, with tax-exempt roll-over of existing RRSP assets providing additional protection.
Tax Deduction Of Fees
All investment, actuarial, administration and trustee fees related to a PPP® can be deducted from corporate income.
Mitigate Market Loss
Ensure full funding of your pension plan - additional tax-deductible contributions are allowed each year to top up a PPP®.
Greater compounding power with
The Personal Pension Plan™
The Personal Pension Plan™ is a Canadian tax-savings solution for business owners and incorporated professionals looking for a better way of saving for their retirement. As compared to an RRSP, a PPP® allows up to 60% greater tax-deferred compounding until the individual retires.
Unlike an RRSP, the combination potential within a PPP® allows a switch between Defined Benefit and Defined Contribution components to compensate for fluctuations in the economic climate of a business.
|Features||INTEGRIS™ Personal Pension Plan™||RRSP|
|Maximum Annual Contribution Limit||$ 27,230 - $ 44,731*||$ 26,500**|
|Flexibility to Choose Contribution Options
(Defined Benefit or Defined Contribution)
|Broader Investment Options|
|Robust Creditor Protection||**|
|Tax Deductible Administration & Investment Management Fees|
|HST 33% Credit Refund|
|Deduction of Interest on Borrowing|
|Full Service Administration|
|Ability to Make Additional Tax Deductible Contributions During Market Volatility|
* Increased Contribution levels are dependent on age of plan holder.
Greater Scope for Investments
The PPP® provides greater flexibility for investments in a wide range of non-traditional investment vehicles that are otherwise not available inside of an RRSP.