You’ve spent years growing your company and building financial security. But are you maximizing your retirement savings? If you're over 40, an Individual Pension Plan (IPP) could be a smart strategy to help you secure your financial legacy while reducing your business taxes.

In this episode, we are joined by Kit Richmond from MacDougall Wealth Management Group. We’ll break down what an IPP is, how it compares to an RRSP, and whether it’s the right choice for you.

Kit Richmond
MacDougall Wealth Management Group
National Bank Financial
403-754-1056
[email protected]

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00:00 Intro

00:47 Overview of episode

01:48 What is an IPP?

02:25 Setting up an IPP

05:22 The ideal IPP candidate

17:29 Funding an IPP

25:06 Investment limitations

31:26 After retirement

42:22 Wrapping it all up

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