RRSPs for incorporated small business owners with Tim Cestnick
beyond MD with Dr. Yatin Chadha
00:00
The Differences Between an Individual Pension Plan and an RSP
An IPP is an individual pension plan, just like a large publicly traded company. Contributions to the registered pension plan are dependent on actuarial calculations. An RSP has a maximum contribution limit every year. The money similar to an RSP grows tax shelter inside this pension plan. It's worth looking into if you've got another call 10, 15, 20 years down the road.
Transcript
Play full episode
