Tagged with: "Retirement"
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Retirement Planning for Incorporated Dentists: The Use of Individual Pension Plans
Fraser Lang April 15th, 2025 Federal tax changes have turned what was once prudent planning by dentists on its head, leaving many without adequate retirement savings. This article discusses how Retirement Planning for Incorporated Dentists through the Individual Pension Plan (IPP) can help to resolve the government-created gap. Background Dentists handle important and stressful work; […]
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Supplemental Executive Retirement Plan (SERP): Funded vs Unfunded – Which is the better Executive Compensation Option?
Retirement Compensation Arrangement (Funded) vs Notional Accrual (Unfunded): This is a question that GBL frequently gets asked when helping companies design compensation packages. The answer depends on your company’s and employee’s individual circumstances. SERP: Funded vs Unfunded? Which is the better Executive Compensation option? Introduction: For executive retirement planning, providing entitlements above the base defined […]
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IPPs Are Easier to Set Up Than You Think
A common misconception is that IPPs are complicated, but the reality that IPPs are easier to set up than you think . Once you have decided that an IPP is the right fit, you can enjoy the benefits of corporate deductions and enhanced retirement savings with ease. The Individual Pension Plan (IPP) is widely regarded […]
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Pension Provider Not Providing Estimates? GBL Can Help You Plan With Commuted Value Estimates
Pat Johnston and Rob Easton March 5th, 2025 An increasingly common question which GBL receives is this: “I am enrolled in my company’s Defined Benefit plan and am nearing retirement age. Should I remain in the plan and draw a lifetime pension, or take the commuted value and invest it with my Advisor?” Further to […]
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Lifetime Pension or Commuted Value? An Actuarial Analysis
Pat Johnston and Rob Easton February 19th, 2025 Lifetime Pension or Commuted Value? Members who terminate from defined benefit pension plans (DB Plans) are generally provided the choice of either: Such members often ask us at GBL “Which option is better: Lifetime Pension or Commuted Value?” This article shows how this seemingly “simple” question has […]
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The IPP – Ideal Candidate and Setup Timelines
Tony Manoharan February 6th, 2025 Frequently Asked Questions About the IPP At GBL, we often receive questions about setup timelines and ideal candidates for Individual Pension Plans (IPP). Here, we answer the most common inquiries: Why Choose an IPP Over an RRSP? Who is the Ideal IPP Client? An Individual Pension Plan is a powerful […]
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CE Credits Now Offered Through Advocis and FP Canada for Individual Pension Plans (IPPs)
Did somebody say #CE Credits? Almost as exciting as attending a presentation with a room full of actuaries*. On that note, we are excited to announce that #GBL now offers CE Credits through #FPCanada and #Advocis for Individual Pension Plans (#IPPs). Rest easy, our Senior Team understands tax, retirement, and estate planning needs for business […]
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Why SERPs are Increasingly Popular and Rectify Limits to Standard Executive Compensation Plans
SERPs offer companies the opportunity to attract and retain top talent by addressing the limits to standard executive retirement plans Laura Davis January 30th, 2025 Many corporate executives today are enrolled in executive retirement plans that fail to provide them sufficient retirement income based on their earnings due to limits within their standard retirement plans. […]
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Cheers To An Amazing 30 Years
In Scottish culture, the New Year, or Hogmanay as the Scottish call it, brings a sense of renewal and reflection. Growing from its Scottish origins while enjoying an incredible journey along the way, GBL is thrilled to celebrate its 30th anniversary in 2025. Since our founding in 1995, we have serviced over 7000 clients and […]
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