Aravind Sithamparapillai

Aravind Sithamparapillai from Ironwood Wealth Management shares his expertise on TFSAs and RRSPs, providing valuable insights for young Canadians. A tech entrepreneur also discusses his journey of launching a business while navigating complex investment strategies. Meanwhile, a millennial investor reflects on his adventurous financial path, highlighting the lessons learned from volatility during market fluctuations. Together, they offer practical tips on making the most of savings accounts to achieve long-term financial goals.

Aravind Sithamparapillai, a financial planner at Ironwood Wealth Management, joins the discussion on pension options for incorporated professionals. He sheds light on the complexities of Individual Pension Plans (IPPs) versus Multi-Employer Pension Plans (MEPPs) like HOOP through real-world case studies. Topics include tax strategies for high-income spouses, the financial impact of timing contributions, and how HOOP can enhance retirement certainty. Aravind’s insights provide valuable modeling techniques and emphasize the importance of reliable income planning for a secure future.

Aravind Sithamparapillai, an associate at Ironwood Wealth Management and known as a tax ninja, dives deep into the Canada Pension Plan and its implications for small business owners. He simplifies complex tax topics like salary vs dividends and discusses tax integration across provinces. Fascinatingly, he compares CPP contributions with personal investment strategies, highlighting the long-term security CPP offers. He also sheds light on lesser-known CPP benefits, including disability and family support, making financial planning more accessible for listeners.