However, for service contributions made after March 22, 2011, the cost of the past service must first be satisfied by transfers from RRSP assets (as well as money purchase
registered pension plan assets) belonging to the IPP member or a reduction in the member's unused RRSP contribution room before new past service contributions are permitted.
Not exact matches
In addition, IPP
assets are creditor - proof: always a plus for the self - employed; and as with traditional
Registered Pension Plans, pension income can be split up to 50 % with one's spouse, for income tax purposes (pension spli
Pension Plans,
pension income can be split up to 50 % with one's spouse, for income tax purposes (pension spli
pension income can be split up to 50 % with one's spouse, for income tax purposes (
pension spli
pension splitting).
At least one of the following criteria must be met to be an accredited investor: (i) a buyer with a net worth individually or with a spouse of $ 1,000,000 or more; (ii) institutional investors including banks, insurance companies,
registered broker / dealers, and large
pensions plans; (iii) tax - exempt organizations with total
assets in excess of $ 5,000,000; (iv); private business development companies; (vii) directors, officers, or general partners of the issuer; and (viii) entities owned entirely by accredited investors.