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2023 IPP and RCA Application Deadlines
...deductions for corporate year ends that are in the last quarter of the year. Completed IPP and RCA applications are required on or before December 11, 2023. IPPs have become...
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Individual Pension Plans (IPP)
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Retirement Compensation (RCA)
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Charitable Gifting Using Insurance: Unlocking Value After the Risk is Covered Off
In every stage of life, there are different needs and there are often concerns about risk. One example being, “If I were to die, how will my family be able...
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GBL’s Fraser Lang Featured in Morningstar Story
can either retain earnings or pay dividends, thus managing the amount and timing of personal income taxes. A less well known but also effective tax-efficient strategy involves transferring life-insurance policies...
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Health Benefit Plan (HBP)
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Retirement Compensation (RCA)
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COVID-19 – FAQ about your IPP during this uncertain time
any date and once the report is complete, the company can fund any deficiency. Does this impact my pension in pay or can I reduce my 2020 pension? No. The...
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Retirement Compensation Arrangements: Optimizing After-Tax Income for Professional Hockey Players
...an example of a 28-year-old player on an Ontario team who is averaging $3,500,000 in income per year and is in the second last year of a five-year contract. From...
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