Optimal Compensation from a CCPC | MoneyScope 13 скачать в хорошем качестве

Optimal Compensation from a CCPC | MoneyScope 13

Meet with PWL Capital: https://pages.pwlcapital.com/en-ca/co... When it comes to creating an optimal compensation strategy plan, there’s a lot to navigate. And while there may be a plethora of general rules floating around on the internet, each individual’s optimal strategy is ultimately going to be dependent on their unique situation. That is why we’re using today’s conversation to break down the findings of our mental model algorithm. Tuning in you’ll hear a detailed explanation of the five steps for creating an optimal compensation strategy plan, and how to apply them. Find out how to plan your consumption, account for mandatory income, clear out notional accounts, use salary to make up the difference, and utilize salary dollars that aren’t for spending. We also cover key areas, like Canada Child Benefit (CCB) clawbacks, incorporating income splitting when using your salary, and how to pay yourself a salary bonus to bring the corporate active income down. Join us today to learn how you can implement a dynamic salary and dividend strategy for optimal compensation, and much more. There’s a lot to unpack here, so get your note-taking devices ready, and let’s get started! Timestamps: 0:00:00 Intro 0:06:29 Optimizing Integration 0:08:49 Step 1: Start With a Consumption Plan 0:13:10 Step 2: Account For Mandatory Income 0:15:41 Step 3: Clearing Out Notional Accounts 0:19:12 Capital Dividend Account (CDA) 0:33:17 eRDTOH 0:36:43 nRDTOH 0:38:56 Prioritizing Notional Account Usage 0:41:43 GRIP Without eRDTOH 0:43:50 GRIP vs. Salary to Low Income Spouse 0:46:06 GRIP with no SBD 0:48:48 Paying Extra Dividends to Invest Personally 0:51:42 CDA - Use it or Lose it. 0:52:15 RDTOH - Maybe. Maybe not. 0:54:13 Trapped eRDTOH vs nRDTOH 0:55:21 Long-Term Personal Tax Rate Trajectory 0:58:43 Personal Investing Tax Drag 1:02:01 Timeframe 1:03:18 GRIP - No Big Rush. 1:06:55 CCB Clawback vs Notional Account Release 1:13:49 Step 4: Salary to Make Up the Difference 1:14:55 Factoring in RRSP Contributions 1:21:09 Factoring in Income Splitting Using Salary 1:27:00 Step 5: Salary you Won’t Spend 1:27:18 Personal Tax Rate - Corp Tax Rate 1:30:18 If you are going to lose some non-refundable tax credits 1:32:00 What to do with the excess personal cash 1:33:27 “Bonusing-Down” to the SBD Rate 1:45:48 Thinking Long-Term 1:49:14 Shifting Money From Corp to RRSP or IPP Using Salary 1:55:39 Debrief Links From Today’s Episode: Corporate to Personal Salary Dividend Optimizer — https://www.looniedoctor.ca/ccpc-inco... Episode 9: Taxable Investing in Canada — https://moneyscope.ca/2024/03/15/epis... Episode 12: Paying Yourself as a Canadian Business Owner — https://moneyscope.ca/2024/04/19/epis... Rational Reminder: Episode 288 - Scott Rick — https://rationalreminder.ca/podcast/288 Dr. Mark Soth (The Loonie Doctor) — https://www.looniedoctor.ca/ Dr. Mark on X —   / looniedoctor   Benjamin Felix — https://www.pwlcapital.com/author/ben... Benjamin on X —   / benjaminwfelix   Benjamin on LinkedIn —   / benjaminwfelix