PENSIONWrap™
Designed for business owners and key employees, an RRSPWrap or IPPWrap is a supplemental pension plan that enhances an existing RRSP or IPP, significantly boosting retirement income. Corporate contributions to an RRSPWrap or IPPWrap are tax-deductible, and when using PENSIONPlus funding, longevity benefits can be achieved at no extra cost of funding. Similar to RRSP/RRIF withdrawals, RRSPWrap or IPPWrap benefits are taxed upon retirement.
PENSIONPlus™
PENSIONPlus is a funding mechanism tailored for RRSPWrap or IPPWrap. This product enables funds to be managed by a leading insurance company, offering insured survivor benefits, longevity benefits, and professional investment management with robust guarantees. The PENSIONPlus funding model provides longevity benefits at no extra cost of funding.
GROUPSerps™
Many Family owned companies face the challenge of how to reward various generations of family working with the Family Company relative to their years with the company and contribution to it’s profits. A GROUPSerp or Supplemental Employee Retirement Plan, allows the company to fund an Intergenerational Retirement Trust that pays Supplemental Pension Benefits to family members and/or key employees.
