(E-PP)
Discover the Executive Pension Plan
About the Executive Pension Plan
As a business owner or incorporated professional, are you looking for a financial vehicle that can outperform the RRSP to provide security for your golden years? Consider the E PP pension fund: the Executive Pension Plan designed specifically for business owners and incorporated professionals. At last, a pension fund for small businesses!
The Morneau tax reform of 2018 changed the rules and led to a scarcity of income accumulation and splitting strategies. Now picture your company sponsoring your RRSPs, making contributions that are fully deductible and exempt from payroll taxes.
Why choose an E-PP?
Key Benefits
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Employer contributions not subject to payroll tax
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Management fees can be deducted by the company
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Plan fees exempt from GST/HST
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Institutional investment platform
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Competitive investment and actuarial fees
Higher contribution levels than RRSPs
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Current service contributions higher than RRSP limits
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Amortization payments (trajectory adjustment):
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to recognize past service
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in case of an actuarial deficit (e.g. return < 7.5%)
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for terminal funding at retirement
Additional tax advantages
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Helps maintain lower tax rate
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Tax planning tool when selling your business
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Retirement income splitting with eligible spouse
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Pension income tax credit
Our approach
The aim is to enable business owners and incorporated professionals to establish a scalable, career-long pension fund.
Our approach is to optimize the possibilities offered by pension plans without compromising the strategy’s overall profitability. We take many variables into consideration, including: returns, personal tax status, corporate tax status, management fees, etc.
Want to know more?
Our experts are at your service.
Get in touch with us today!
