Overview

Most Canadians look at their RRSP deposit maximum, and their TFSAs, and even the new FHSA and think to themselves, "I will never have enough extra money to max out these savings plans. However, there are also plenty of Canadians who look at these maximums and think "I maxed out in February... Now what can I do with the rest of my money?" While this sounds like a great situation to be in, the reality is that these high income earning Canadians are looking for more ways to save their money for their future, on a tax advantaged and tax deductible way! Allow me to introduce you to the need for the IPP and the RCA. This presentation explains the details of the IPP and RCA plans, shows you the use case for your clients, and then answers the very important questions about how these plans work. Of course, this presentaton also addresses the tax changes from CRA that causes changes to these plans as well. The insight you recieve from this presentation will not make you an expert on the IPP or the RCA, however, it will give you the information you need to be able to start the conversation with your clients, to get you to a point where you would call in the experts.