Building on the success of business owners

As a successful business owner, you know very well that your business brought with it a whole new set of responsibilities – to your employees, to your family and to the longevity of your business. While you may feel secure in your current success, you may also feel great uncertainty about the future.

That’s why our first priority for our business owner clients is helping them gain a sense of control about the future by planning thoroughly and thoughtfully in the present. Our team will work closely with you to address the important issues you face.

Here are a few of the most common questions:

  • How can I maximize my after-tax return in my holding company?
  • Should I exercise some of my stock options at the current price?
  • Is an Individual Pension Plan right for me?
  • How can I protect myself and my family from creditors?

Individual Pension Plans (IPPs) are the most tax effective registered retirement arrangement permissible under tax legislation. Ideally suited for business owners and incorporated professionals Individual Pension Plans (IPPs) allow for the tax-sheltering and accumulation of more registered assets through higher employer contributions than any other retirement vehicle available. Not only do IPPs generate fiscally sound retirement savings and income, they provide significant tax advantages for employers making contributions.

Here are some key facts:

  • Higher contribution room than RRSP and increases with age
  • Sizable contribution opportunity for past service years upon implementation
  • Tax-deductible employer contributions and administration expenses
  • Additional funding room available to replenish shortfalls (in the case of more conservative and/or underperforming investment strategies)
  • Additional tax-deductible contributions can be made available at retirement
  • Income splitting at age 50 and Spouse’s survivor pension included
  • Estate and succession planning opportunities
  • Customizable tax sheltering strategies
  • Post-retirement cost of living adjustment factored in
  • Better creditor proofing than RRSP plans

Our comprehensive corporate investment services include:

  • Holding company investment programs
  • Key person insurance & group benefits
  • Group retirement plans & pension management
  • Employee stock options
  • Normal course issuer bid
  • Share purchase plans

To help you prepare for the future both personally and professionally, we offer comprehensive business continuity, estate and legacy planning services, as well as succession planning, business valuation, buyer review and sale assistance through trusted partnerships. In addition to our own experience and financial knowledge, we have access to all the resources of Raymond James, one of North America’s leading independent financial services firms. Best of all, you’ll enjoy the confidence of knowing you have a single, trusted source for financial advice – and more time to devote to growing your business.

Watch April discuss the benefits of IPPs on The Wealthy Life here:

Watch April discuss the benefits of IPPs on The Wealthy Life