An Individual Pension Plan (IPP) is a registered defined benefit plan for individuals which offers the following benefits: - They offer higher deductible contributions than RRSPs - Contributions increase in age whereas the maximum RRSP contributions are set - Assets are creditor proof - The employer can deduct the contributions and fees associated with an IPP An IPP is ideal for an owner/manger, a professional (doctors, dentists etc.) with a professional corporation, executive of a private or public company. Normally the individual is at least 40 years of age and is already able to maximize their RSP contributions. Feel free to call me if you want more information about IPP's.