Search a title or topic

Over 20 million podcasts, powered by 

Player FM logo
Artwork

Content provided by Yatin Chadha. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Yatin Chadha or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Player FM - Podcast App
Go offline with the Player FM app!

Ep #99 - Comparing Pension Plans for Incorporated Doctors - with Sean Wilson & Navaz Cassam

51:57
 
Share
 

Manage episode 505671436 series 2786045
Content provided by Yatin Chadha. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Yatin Chadha or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Today we dive back into pensions for incorporated professionals. On this ride, we compare and contrast 2 good pension options: the individual pension plan (IPP) and the Healthcare of Ontario Pension Plan (HOOPP).

For today's chat I'm happy to welcome Sean Wilson (CFP, CIM), founder of Moraine Wealth Advisory, and Navaz Cassam, president & chief actuary of GBL Inc.

HOOPP vs IPP White Paper:

https://morainewealth.com/blog/hoopp-vs-ipp/

Discussion points:

- overview of pensions (1:45)

- introduction (2:42)

- what is a defined benefit (DB) pension plan? (4:38)

- the DB pension formula (5:20)

- establishing earnings for a pension plan (8:03)

- pension eligibility (9:43)

- pension plan contributions (11:43)

- why are extra contributions helpful? (14:40)

- IPP special contributions (19:10)

- impact of disability (21:23)

- IPP investing - DIY & control (21:50)

- IPP costs (26:32)

- flexibility & control in a pension plan (28:03)

- withdrawing from a pension (32:46)

- terminal funding (33:54)

- considerations for a retirement compensation arrangement (36:36)

- indexing the defined benefit to inflation (38:40)

- IPP projections - starting age 40 with $200K of T4 income (40:18)

- who shouldn't consider a pension? (45:37)

- closing thoughts (47:38)

Yatin Chadha

NYGH Fundraiser:

https://donate.nyghfoundation.ca/site/TR/Events/Rally_in_the_Ravine?px=1561359&pg=personal&fr_id=1310

LinkedIn: Yatin Chadha

beyond Radiology:

https://beyondradiology.thinkific.com/products/courses/ct-head-interpretation-course

https://beyondradiology.thinkific.com/courses/master-ct-head-interpretation-course

Sean Wilson

https://morainewealth.com/

https://www.linkedin.com/in/sean-m-wilson/

Navaz Cassam

https://www.linkedin.com/in/navaz-cassam-0b025716/

  continue reading

101 episodes

Artwork
iconShare
 
Manage episode 505671436 series 2786045
Content provided by Yatin Chadha. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Yatin Chadha or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Today we dive back into pensions for incorporated professionals. On this ride, we compare and contrast 2 good pension options: the individual pension plan (IPP) and the Healthcare of Ontario Pension Plan (HOOPP).

For today's chat I'm happy to welcome Sean Wilson (CFP, CIM), founder of Moraine Wealth Advisory, and Navaz Cassam, president & chief actuary of GBL Inc.

HOOPP vs IPP White Paper:

https://morainewealth.com/blog/hoopp-vs-ipp/

Discussion points:

- overview of pensions (1:45)

- introduction (2:42)

- what is a defined benefit (DB) pension plan? (4:38)

- the DB pension formula (5:20)

- establishing earnings for a pension plan (8:03)

- pension eligibility (9:43)

- pension plan contributions (11:43)

- why are extra contributions helpful? (14:40)

- IPP special contributions (19:10)

- impact of disability (21:23)

- IPP investing - DIY & control (21:50)

- IPP costs (26:32)

- flexibility & control in a pension plan (28:03)

- withdrawing from a pension (32:46)

- terminal funding (33:54)

- considerations for a retirement compensation arrangement (36:36)

- indexing the defined benefit to inflation (38:40)

- IPP projections - starting age 40 with $200K of T4 income (40:18)

- who shouldn't consider a pension? (45:37)

- closing thoughts (47:38)

Yatin Chadha

NYGH Fundraiser:

https://donate.nyghfoundation.ca/site/TR/Events/Rally_in_the_Ravine?px=1561359&pg=personal&fr_id=1310

LinkedIn: Yatin Chadha

beyond Radiology:

https://beyondradiology.thinkific.com/products/courses/ct-head-interpretation-course

https://beyondradiology.thinkific.com/courses/master-ct-head-interpretation-course

Sean Wilson

https://morainewealth.com/

https://www.linkedin.com/in/sean-m-wilson/

Navaz Cassam

https://www.linkedin.com/in/navaz-cassam-0b025716/

  continue reading

101 episodes

Alla avsnitt

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Copyright 2025 | Privacy Policy | Terms of Service | | Copyright
Listen to this show while you explore
Play