Pensions for physicians - comparing IPP and HOOPP скачать в хорошем качестве

Pensions for physicians - comparing IPP and HOOPP

I sit down with Sean Wilson, CFP (Moraine Wealth) & Navaz Cassam (president GBL) to dissect two good pension plans for incorporated doctors in Canada: the IPP (individual pension plan) & HOOPP (Healthcare of Ontario Pension Plan). Time Stamps: 00:00 - Introductions 01:56 - what is a defined benefit (DB) pension plan? 02:41 - the DB pension formula 05:27 - establishing earnings for a pension plan 07:10 - pension eligibility 09:13 - pension plan contributions 12:15 - why are extra contributions helpful? 16:50 - IPP special contributions 19:16 - impact of disability 19:48 - IPP investing - DIY & control 24:24 - IPP costs 25:54 - flexibility & control in a pension plan 31:08 - withdrawing from a pension 32:22 - terminal funding 34:39 - considerations for a retirement compensation arrangement/RCA 37:22 - indexing the defined benefit to inflation 39:01 - IPP projections - starting age 40 with $200K of T4 income 43:57 - estate planning 44:56 - who shouldn't consider a pension? 46:34 - closing thoughts beyond MD links: website: https://www.beyondmd.ca/ Newsletter: https://www.beyondmd.ca/newsletter LinkedIn:   / yatin-chadha   Radiology Courses for Clinicians: https://beyondradiology.thinkific.com... https://beyondradiology.thinkific.com...