Inside Look at IPPs (Individual Pension Plans)

In this episode of Family Office Insider, host Jason Nagel, founder of Three60 Wealth in Calgary, sits down with Tatenda Mawoyo from GBL & Associates to break down Individual Pension Plans (IPPs) and who they’re best suited for.Tatenda explains what an IPP is (a defined benefit pension plan designed for business owners and incorporated professionals) and why it can be a powerful alternative to an RRSP for the right person. They cover who typically qualifies, why age and salary structure matter, and how IPPs can offer higher contribution room, tax-deductible funding through a corporation, tax-sheltered growth, and even early income splitting opportunities.They also dive into key planning questions like:How IPPs compare to RRSPs and corporate investingWhat happens to an IPP if you sell your businessSetup and ongoing costs (and what’s included)Common misconceptions about IPPs being “too complex” or “too rigid”If you’re an incorporated professional or business owner with strong corporate cash flow and you’re looking for a more efficient way to build retirement wealth, this is a must-listen.Interested in seeing if an IPP fits your plan? Reach out to Jason and the Three60 Wealth team to explore whether it makes sense as part of your overall financial strategy.