Business Owner and Professional Corporate Solutions Using the RCA & IPP

This presentation centered around the growing popularity of Retirement Compensation Arrangements (RCAs) and Individual Pension Plans (IPPs) as tax-efficient solutions for business owners and corporate executives. The presenters discussed the reasons why RCAs have become more popular, including recent tax changes and the need for corporate executives to retain and attract key employees. This presentation also highlighted the unique features and potential benefits of RCAs, such as age flexibility and tax deferral advantages, as well as the potential drawbacks, including the 50% refundable tax account. Additionally, speakers discussed various strategies for business owners to minimize their tax liability, including setting up an IPP/RCA, carrying back or forward losses, and utilizing passive income rules. The conversation emphasized the importance of understanding government policies and seeking professional advice to maximize financial gains.

Presentation Preview:

Want to learn more about this presentation? Click the video to the left to watch the first 3 minutes! Full presentation time: 57m

How to Earn Your CE Credit?

This is a simple 3 step process 1. Watch the full presentation video 2. Complete all parts of the curriculum (listed below) 3. Click the Complete Course button at the end. Good news for you, is that there are no quizzes!

CE Credits provided by this presentation:

* FP Canada - 1 Financial Planning credit * Advocis - 1 IAFE Approved credit * MFDA - 1 Professional Development credit (in bundles/packs) * CSI - 1 Professional Development credits (in bundles/packs) * FSRA - 1 FSRA Approved credit * ICS - 1 Life Insurance credit * ICM - 1 Life Insurance credit & acceptable to many other organizations.

Curriculum

1 Chapter · 5 Lessons

1
Business Owner and Professional Corporate Solutions Using the RCA & IPP
1. (Included in full purchase)
  Introduction and Instructions
2. (Included in full purchase)
  The Rules Governing CE Credits
3. (Included in full purchase)
  Presentation Overview
4. (Included in full purchase)
  Presentation Video
5. (Included in full purchase)
  Presenter Resourses

About the Presenter: Clark Steffy

Clark has specialized in the field of Executive Retirement Savings Plans and Group Retirement Savings and Pension Plans for the past 30 years. Clark speaks at industry educational conferences in the areas of Individual Pension Plans and Retirement Compensation Arrangements, De-Risking and Behavioural Finance. Clark has published articles and presented at industry conferences in the field of field of behavioural economics on topics including Choice Fatigue and Pension and Investment Committee Decision Making. Clark hold an MBA in Finance from McMaster, and a BBA in Marketing from Brock.

About the Presenter: Muneer Feeroze

Muneer has over 25 years of experience in the actuarial, benefits, retirement consulting and pension administration services. He has also lead the programing and development of the actuarial & pension administration solutions to meet clients’ needs. His expertise includes Individual Pension Plans (IPPs), Retirement Compensation Arrangements (RCAs), Supplementary Executive Retirement Programs (SERPs), Defined Benefit Pension Plans, GAAP accounting for Benefit Plans (Canadian, US & International) and the setup & management of the Benefit Plan Governance process.