Individual Pension Plans

Individual Pension Plans

What is an individual pension plan? The individual pension plan (IPP) is a corporate sponsored registered pension plan. IPPs were created to allow individuals or small groups of people to…

Pension Splitting

Pension Splitting

What is pension splitting? Pension splitting is a tax-reduction strategy in which a spouse with pension income (referred to as the transferring spouse) elects to allocate, for income tax purposes,…