Executive Compensation

Business Man

 

INDIVIDUAL PENSION PLANS – IPP

An opportunity for Private Companies to establish a Company Funded Individual Pension Plan. An IPP may provide additional pension income for Business Owners. Most or all contributions made by the Corporation may be Tax Deductible.
The funding for such plans includes GIC’s, Investment Funds and Segregated Funds.

RETIREMENT COMPENSATION PLANS – RCA

A pension plan arrangement for Business Owners that may provide additional pension benefits, in addition to personal pension plans

COMPANY-OWNED LIFE INSURANCE

A Life Insurance Program purchased by a Private Corporation to fund Estate Planning needs and create tax deferred assets using Universal Life Insurance Plans.

HEALTH AND WELFARE TRUST PLANS

A Trust created by a Private Corporation to fund “living health benefits” for Business Owners and Employees. Premiums for such plans are Tax Deductible and may provide tax-free benefits to members of the Trust.