Who is an IPP Candidate?
Individual Pension Plans (IPPs) are best suited for individuals meeting the following conditions or criteria:
- Owner/executive of corporation engaged in active business
- History of T4 income from the business at or above maximum RRSP earnings ($125,000)
- More than 40 years of age (as this typically is the 'break even' point at which IPPs become more attractive savings vehicles than RRSPs)
- Business has surplus cash available to make increased level of contributions
- Ideally, has maximized RRSP contributions







