Individual Pension Plans
There are many business owners that have forgone retirement savings in order to reinvest in and grow their company. As you approach retirement, where will your "nest egg" come from?
An IPP may be a viable option. An IPP allows the transfer of money from an incorporated business to a private, locked in Pension Plan.
Please note: there are pros and cons of an IPP, and you should consult with your accountant or tax advisor to ensure this strategy makes sense. Please review the following link for more detailed information.