EP339 The ABCs of IPPs and RCAs

About this episode

Colleen O'Connell-Campbell discusses individual pension plans and retirement compensation arrangements with Muneer Feeroze and Clark Steffy.

In this episode of The Cash Rich Exit Podcast, host Colleen O'Connell-Campbell sits down with Muneer Feeroze and Clark Steffy of Canadian Benefits Associates to unpack two powerful retirement tools for incorporated entrepreneurs: individual pension plans (IPPs) and retirement compensation arrangements (RCAs). Together, they walk through where these plans can outperform an RRSP, what "tax smart" really means in practice, and the operational realities founders need to understand before setting anything up. In this conversation, they cover: Who an IPP is for, and when it starts to beat an RRSP Muneer explains that IPP contribution room increases with age, and outlines a crossover point where the IPP can become more compelling than the standard RRSP approach. The income detail founders often miss If you want to build contribution room, the plan is tied to T4 income rather than dividend income. This becomes part of the "prep phase" for incorporated owners who have flexibility in how they pay themselves. The alphabet soup explained: why RCAs show up in the same conversation They position an RCA as a way to fund retirement benefits beyond the IPP's cap, and discuss how these tools can…

People in this episode

Host: Colleen O'Connell-Campbell

Guests: Muneer Feeroze, Clark Steffy

Topics covered

• individual pension plans
• retirement compensation arrangements
• tax strategies
• retirement planning
• entrepreneur financial tools

Keywords

• IPP
• RCA
• RRSP
• retirement benefits
• tax smart
• T4 income
• dividend income
• contribution room

Mentioned in this episode

Organizations: Canadian Benefits Associates, RBC Dominion Securities

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