Business · Corporate retirement
Retirement savings when the corporation is part of the plan
Incorporated owners have more choices than employees — and more decisions. Salary versus dividend, corporate versus personal savings, and what the team is offered.
What gets considered
Compensation mix
How salary and dividends affect RRSP room, CPP and corporate tax — modelled with your accountant.
Corporate investment accounts
Holding retained earnings for the long term, and how passive income rules affect the outcome.
Group RRSP or matching
A retirement benefit for staff that is simpler than a registered pension plan.
Individual Pension Plans
Whether an IPP is appropriate given age, income and corporate cash flow.
Insurance-based structures
Where permanent insurance is genuinely appropriate, and where it is not.
Exit planning
How retirement savings interacts with an eventual sale of the business.
Plan corporate retirement savings
We'll work through the options with your accountant so the numbers agree.
Compensation and corporate investment decisions have significant tax consequences that depend on your corporate structure and province. Confirm with your accountant before acting.