Personal Pension Plan (PPP)
Personal Pension Plans (PPP) for Business Owners
A Personal Pension Plan (PPP) is one of the most powerful retirement and estate planning tools available to incorporated professionals and business owners.
Ted Daigle IFS helps clients throughout Ontario and Western Canada use PPPs to build tax-efficient, long-term wealth.
What Is a PPP?
A PPP is a defined benefit pension plan designed specifically for incorporated individuals. It allows you to move corporate assets directly into a pension structure, providing:
- Larger tax-deductible contributions than RRSPs
- Enhanced retirement income
- Creditor protection
- Corporate tax advantages
Estate Planning Benefits
One of the most significant advantages of a PPP is its ability to eliminate a major taxable event upon death.
Because assets inside a PPP belong to the corporate pension fund — not the individual — they are not taxed as personal assets when the owner passes away.
This offers:
- Smoother estate transfer
- Protected family wealth
- Lower taxation
- Enhanced long-term planning
Ideal For:
- Incorporated professionals
- Small business owners
- High-income earners
- Family-run corporations