Business owners and other highly paid employees have additional options to save for retirement. Individual Pension Plans, Retirement Compensation Arrangements and Insured Retirement Programs can provide additional options to eligible persons.
This simple comparison chart highlights some of the differences between a traditional RRSP, IPP, RCA and IRP. A considerable amount of research is required to determine if such a plan could be suitable to you, but no matter what, the first step is discussion. Please contact us today to begin the conversation.