PPP - Personal Pension Plan

Описание: Dr. Yatin Chadha hosts Jean-Pierre Laporte (CEO Integris Pension Management Corp) to discuss the personal pension plan (PPP).

This is highly relevant and under discussed material for any incorporated professional/small business owner.

Discussion points include:
Review of basic IPP (individual pension plan) concepts

PPP account structure (3 accounts)
Defined benefit account (DB)
Defined contribution account (DC)
Additional voluntary contribution account (AVC)

Age benefit of PPPs (no need to wait until age 40)
ability to contribute to DC and AVC accounts before age 40

Additional tax sheltering advantages compared to IPP
RRSP double dip
flexibility in contributions through DC and AVC accounts
ability to make contributions even when DB account is in surplus
benefit/strategy of holding low yielding investments in the DB account (accruing special payments)
benefits of PPP in wealth transfer/estate planning

Fiduciary oversight with PPP

Why the PPP is under discussed in personal finance