Save more and pay less tax every year with a Personal Pension Plan

PPP®vs RRSP, TFSA, IPP

Save more and pay less tax every year with a Personal Pension Plan

A world-class pension for business owners, incorporated professionals & high valued employees


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INTRODUCING

Your INTEGRIS Personal Pension Plan (PPP®)

The Personal Pension Plan™ (PPP®) is a wealth accumulation and tax savings solution specifically designed for business owners, associations, franchise owners or incorporated professionals like accountants, consultants, dentists, doctors, financial advisors, lawyers and many more to accumulate significantly more in retirement savings and pay less tax than most Canadians.

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Pension Plan
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Increased Wealth
Taxes
Reduced Taxes
Explore the benefits

More tax deferring room
than any other vehicle

More tax deferring room
than any other vehicle

With the INTEGRIS PPP®, you can contribute more towards your retirement than what's allowed with an RRSP/TFSA or an existing IPP. Coupled with the power of compounding, this accumulates to larger savings when you retire.

It’s important to note that PPP® contributions take the place of RRSP contributions moving forward (TFSA contribution room remain intact). Please do not contribute to your RRSP if you plan to setup your PPP® in the same year.

Advantages of the PPP® vs IPP
Want to defer even more? Ask about our RCA upgrade

Tax-free intergenerational wealth transfer

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Tax-free intergenerational wealth transfer

Potentially pass wealth to your loved ones without triggering taxes on capital gains or probate fees.

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Adapt your contributions to your business' cashflow

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Low Cash Flow?

The INTEGRIS PPP® gives you the option to lower your contributions during downturns in the economy or your business and top up in better financial times.

High Cash Flow?

Have extra income during market downtowns? INTEGRIS PPP® allows you to take advantage of the market dips and tax defer more income to use towards your investments.

Find out if the INTEGRIS PPP® is the right solution for your investments

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Invest in all asset classes

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Invest in all asset classes

The rules surrounding the investments of pension plans are more liberal and allows for investments in asset classes that aren't available for an RRSP or TFSA such as land, units of limited partnerships and alternatives to name a few.

Find out if the INTEGRIS PPP® is the right solution for your investments

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Get the highest level of creditor protection in Canada

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Get the highest level of creditor protection in Canada

Should you or your business encounter financial difficulties, creditors cannot access your savings in the INTEGRIS PPP® to pay your debts. Your PPP®assets are protected and kept safe for your retirement.

Rest assured, your INTEGRIS PPP® is approved and regulated
by the Federal Government of Canada and Province/Territory of issue

Supported in all provinces

The INTEGRIS PPP® is available in all Canadian provinces and territories

Assets stay managed by those you trust

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Assets stay managed by those you trust

You may opt for your existing financial advisor to continue investing your assets or choose a reputable candidate from our Advisor Network.

Rest assured that INTEGRIS will never have access to your assets.

INTEGRIS Advisor Network
Join the INTEGRIS Advisor Network

Contribute more during a bear market

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Contribute more during a bear market

When the markets dip as we saw in March 2020, you will have until the end of the year to perform the following:

  • Make up for the market losses by contributing more towards your INTEGRIS PPP® — thus more towards your retirement
  • Since your company contributed more, this will increase the company's tax deductions
  • Go "bargain hunting" with the new contributed funds within your INTEGRIS PPP®
  • Profits taken from the sale of an investment are tax-free because you're in a pension plan

Fiduciary Oversight from the best professionals in Canada

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Get the Fiduciary Oversight
of the best In Canada

The INTEGRIS Team is comprised of top pension lawyers, consultants and actuaries. We come together to supervise your Personal Pension Plan and ensure coordination between key stakeholders such as trustees, insurers, custodians and investment managers

In 2012, he was awarded the Queen Elizabeth II Diamond Jubilee Medal for his leadership in the development of new forms of retirement savings plans.

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Reach your retirement goals faster

Do the math and see for yourself

Assumptions set by the CRA: salary increase: 5.5%, rate of return: 7.5%, payment indexing after retirement: 3.0%

Optimized to help as many Canadians as possible

Business Owners & Incorporated Professionals

The bread and butter of our Canadian economy. You can now shelter more income and collect larger tax refunds.

  • Doctors
  • Dentists
  • Engineers
  • IT Contractors
  • Independent Consultants, Financial Advisors, Accountants
  • ...

Not a shareholder?

You can have an INTEGRIS PPP® too!

Associations

Associations of all sizes can now offer their members the same benefits as other large associations. These include professionals, industry, sectoral, etc.

Franchises

Franchisors can now offer franchisees an opportunity to build up a personal pension for themselves and key employees without acting as the plan's sponsor. Franchisees can also set up their own pension plan through INTEGRIS

Find out if the INTEGRIS PPP® is the right solution for you.

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Sample Deductions in year of PPP® plan set up
Buy Back of Past Service: $50,000
Corporate tax deduction gained from retroactive registration (dating back to the incorporation/salary start date)
Current Service: $30,000
Contribution limit for the given year
Double Dip: $20,000
Additional personal tax deduction available in the first year only

Access new tax refunds and save money from the first day

Gain access to PPP® related tax deductions such as buy back, current service, double dips and more.

Partner with INTEGRIS to provide the Personal Pension Plan to your clients
For Accountants For Advisors

Pricing

Prices may vary depending on the number of plan members and investment type

Selected Portfolio Managers
Plan fee waived
$
0
/ year
  • INTEGRIS annual fee waived by Portfolio Manager
  • All Fees are Tax-deductible
  • Fiduciary Oversight
  • Intergenerational Wealth Transfer
  • Creditor Protection
...
Customize
Plans starting from
$
1,000
/ year
  • Use your own Portfolio Manager
  • All Fees are Tax-deductible
  • Fiduciary Oversight
  • Intergenerational Wealth Transfer
  • Creditor Protection
...
Upgrade from IPP
Setup Fee Waived
$
0
  • Fiduciary Oversight
  • Larger Tax Deductibles
  • Intergenerational Wealth Transfer
  • Creditor Protection
...

Be confident in your decision

To guarantee our customer satisfaction, each request is carefully reviewed to ensure that the INTEGRIS PPP® is the correct solution for you.

Upgrade your IPP

We've made the process of converting your Individual Pension Plan (IPP) to the INTEGRIS PPP® very easy. Upgrade your IPP today.

INTEGRIS clients can save up to $800,000 more for their retirement when compared with traditional RRSPs. Get Started today to see how much further ahead you will be.

Frequently Asked Questions

A pension plan is a retirement plan that requires an employer to make contributions to a pool of funds set aside for a worker's future benefit. The pool of funds is invested on the employee's behalf, and the earnings on the investments generate income to the worker upon retirement.

In addition to an employer's required contributions, some pension plans have a voluntary investment component. A pension plan may allow a worker to contribute part of his current income from wages into an investment plan to help fund retirement. The employer may also match a portion of the worker’s annual contributions, up to a specific percentage or dollar amount.

From Investopedia.com

No, you do not, however, you will need an employment relationship with a T4 income to qualify.

A Limited Partnership, General Partnership, Joint Partnership (example, law firm) or even a Sole Proprietor could offer a PPP to its employee (ie. wife, kid) if the employee is receiving T4 income. However, the partners themselves or the sole proprietor would not be eligible for a PPP.  Why? because they cannot employ themselves and pay themselves T4 income.

Retained earnings have already faced corporate taxes. As well, they will face ongoing taxation if the annual gains exceed $50,000 CAD. Conversely, PPP contributions come straight from your revenues before they face corporate taxes. This is the power of the PPP.

Generally Yes. One of the main components of a pension plan is an employer / sponsor company that will make contributions towards a plan in which you are a member of.

The company or Professional Corporation sponsors the plan. The trustees hold the assets on behalf of the members and their beneficiaries. No one truly ‘owns’ the pension plan, since it is a bundle of liabilities/promises and corresponding assets.

There are 2 key instances where a PPP® would not be suitable for a prospect:

  1. Individuals who will treat the account as a special kind of short-term savings account to be used towards an upcoming expenditure before retirement. While it is possible to withdraw some funds in a certain situation or even opt for early retirement -- treating the PPP® as a short-term savings account is not the best strategy.
  2. Individuals who want to invest all of their money in a single security. If you think you've found the perfect stock and want to leverage all of the funds by concentrating on that stock, you will be prohibited from doing so in a PPP®. Like all pension plans, you cannot hold more than 10% of a single security within your PPP®.

Having the PPP will cover all fees 99% of the time but the best way to find out is by Getting Started

Yes, the INTEGRIS PPP® is available in all provinces and territories of Canada

TFSA

You can always contribute to your TFSA at all times, whether you have a PPP® or not.

RRSP

When you participate in a PPP®, this creates what we call "Pension Adjustments" or PA.  The following year, the PA eliminates a lot of the RRSP contribution room generated during the year that contributions we made to the PPP. You have to understand that RRSP contribution room in 2020 is based on earned income in 2019, as such there is a lag.  

That said, some RRSP contributions are still permitted in spite of the PA.  For example, in the first year, one can contribute to the PPP and to the RRSP.  Why? because the PA will only impact RRSP room for the next year.  in other words, in the year that the RRSP room was created, the PPP did not exist thus no PA.

So, what can be contributed to an RRSP when a PPP is in place?  In the first year: an RRSP contribution usually ranging from $6500 to $27,230.  In subsequent years: The RRSP contribution is capped at $600 because of the PA system.

Yes, as long as you are getting a T4 from the organization.

Put simply -- the INTEGRIS PPP® is better in every way. For a full comparison click here

Yes. You can convert the IPP into a PPP® and gain the advantages of having a PPP®. It is an easy process that involves filing an amendment with the regulators and completing a few documents.

The first $2,000 of pension income received is eligible for the pension credit (reducing the taxes otherwise payable). Moreover, spouses can use the pension income splitting rules to allocate up to 50% of the pension income to a spouse who is not in receipt of a pension, thereby potentially moving the PPP® member’s tax bracket to a lower bracket and reducing the couple’s overall taxes in the process. When pension income splitting is used, the first $4,000 of pension income can be claimed as a ‘pension amount’ credit to further reduce individual taxes.

For each member:

  • Proof of age – copy of driver’s license/passport that shows the name and date of birth
  • Latest Notice of Assessment
  • Latest RRSP statement for all RRSPs/LIRAs/LIFs/RRIFs etc.
  • Document to verify the SIN Number - e.g. a T4 slip or a notice of assessment if the full SIN number is available.
  • T4’s for every year buying back past service (PLEASE NOTE THIS CAN TAKE UP TO 6 MONTHS – TIPS ON HOW BEST TO OBTAIN T4s BELOW)

For the company that is sponsoring the plan:

  • Articles/Certificate of Incorporation for the company
  • Document to verify the CRA Business Number of the company that is sponsoring the pension plan – e.g. the first page of a corporate tax return or the T4 slip that shows the employer number

Tips for obtaining T4s:

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