If you're an incorporated owner over 40 paying yourself a salary, your corporation can likely fund you a larger retirement plan than your RRSP allows — and deduct the contributions. It's called an Individual Pension Plan, and most owners have never had one explained to them.
Save My Seat — Free18% of income, capped — whether retirement is 35 years away or five. A pension works differently: the contribution is calculated from your age, it rises every year, and your corporation funds it deductibly. Past 40, the gap opens every single year.
Where the RRSP stops fitting you — why the flat limit quietly penalizes owners over 40, and the age where the math flips.
How an IPP actually works — the corporation funds it, deducts it (contributions, setup, actuarial and investment fees), and growth is tax-sheltered inside a real CRA-registered pension.
The two accelerators nobody mentions — past-service catch-up funding that can recognize salary years back to the day you incorporated, and terminal funding at retirement. This is the part of the hour owners screenshot.
Who should NOT do this — the costs, the lock-in, the T4-salary requirement, and the honest fit test. For the right person an IPP is excellent; for everyone else it's overkill — you'll know which one you are.
Two Dundas Wealth advisors who work with incorporated owners on exactly this question.
Built Dundas Life, then Dundas Wealth — because the same question kept arriving from owners.
Works with incorporated owners and professionals on retirement and corporate planning.
Pay yourself dividends only? Come anyway — what switching would unlock is the most-asked question, and we answer it live.
Book a free strategy session during the live webinar and the IPP Decision Kit comes with it — a 30-minute fit session, an introduction to the right next room if the fit is there (an actuary to price the plan, or a CPA partner if compensation mix comes first), the IPP Readiness Checklist, and the full replay of our $50K Trap session. Kit locks Friday, October 9. Details on the live call.
Register Free for Oct 6Tue October 6, 2026 · · Zoom · Free
Every registrant gets the replay.
Come anyway. An IPP is funded from T4 salary, so "what would switching unlock?" is the single most-asked question we get — and we answer it live with the trade-offs on both sides.
No. The session is educational and the only thing offered is a free strategy session. If an IPP isn't a fit for you, you'll leave knowing that too — bullet 4 above is the honest fit test.
There are real setup and actuarial costs and a lock-in, and it only works if you pay yourself salary. We walk through the costs and the fit test on the webinar — for the right owner it's excellent; for everyone else it's overkill.
Register anyway. Every registrant receives the replay by email. The Decision Kit invitation is made live and locks Friday, October 9.
No — it's built to feed them. An IPP is set up with your CPA and an actuary in the loop; if the fit session says it's worth pricing, the next step is an introduction to an actuary — with your accountant in the loop.