You are a business owner looking to maximize your retirement savings?
Consider an Individual Pension Plan (IPP) for its unmatched fiscal efficiency.
- Large tax-deductible contributions made by your company
More fiscally efficient than using an RRSP and dividends. - More predictable retirement savings
Investment shortfalls can lead to additional contributions. - Survivor benefits
All funds accumulated in an IPP belong to the members and their beneficiaries.
Why choose SAI Actuarial services for your IPP needs?
SAI has a dedicated consulting team with extensive knowledge of IPPs throughout the country. We pride ourselves in staying on top of all federal and provincial legislative developments and participate in multiple regulatory forums to provide our clients across Canada with relevant and timely advice.
SAI has developed cutting edge tools to facilitate the ongoing administration of IPPs. We understand that pension plans can be complex and we want our clients, partners to experience a simplified way to create and administer an IPP. Our tools allow us to provide best-in-class monitoring and the targeted communication of all relevant information. In addition, we are proud to offer a secured partner Portal that will provide easy and quick access to your client’s profile.
SAI offers comprehensive services and a "no bad surprises" fee approach. We offer the full range of consulting and administration services required for the full lifecycle of an IPP. All core recurring services are included at a predictable and very competitive fixed fee.
You are a business owner looking to maximize your retirement savings?
Consider an Individual Pension Plan (IPP) for its unmatched fiscal efficiency.
More Tax Deductions
An IPP is a company-sponsored pension plan that will allow your company to contribute on your behalf a greater annual amount than is possible in a RRSP. It also allows the recognition of your prior years of service with the company, resulting in even more corporate tax-deductible contributions. These allow you to save more for your retirement while generating additional deductions for your company.
Survivor benefits
An IPP provides several options regarding survivor benefits. All funds accumulated in an IPP belong to the participant and their beneficiary. This can provide ongoing financial security to your loved ones upon your passing, even if they don’t work for your company.
Security Blanket
Unlike in your RRSP, additional company contributions can be made to your IPP to make up for lower than expected investment returns, in order to ensure it is sufficiently funded to pay the intended pension. This allows you to accumulate more predictable funds to enjoy your retirement.