Process for new plans - Individual Pension Plans Online Canada

» Step 1:
Request for a Personalized Quote

» Step 2:
Understanding the Quotation

» Step 3:
Setting up the IPP

» Step 4:
Signing

» Step 5:
Registering the Plan with CRA

» Step 6:
Funding the Plan

The Process for New Plans

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Step 1: Request for a Personalized Quote

Begin the process by using our Online Survey to establish the need for an IPP.

For a free, no-obligation IPP Online Quote, please contact us via telephone @ 1-866-300-7786, or email.

Step 2: Understanding the Quotation

Your IPP Online financial advisor will review the IPP quotation with you.

A representative is available for consultation in person or via conference call to answer any questions that may arise. Please call 1-866-300-7786.

3 - 5 day turnaround.

Step 3: Setting up the IPP

Once you decide to set up an IPP, you must complete & sign the IPP Implementation Data Form.

Your IPP Online representative will ensure that all information is complete and accurate on the Implementation Form for registration purposes with you either online, or over the phone.

Once the Authorization Form is received, documentation will be prepared by IPP Online and delivered to your IPP Online financial advisor.
This package includes:

Corporate Trust Agreement - Why Corporate Trust?
Board of Directors Resolutions
Actuarial Valuation Report
Actuarial Information Summary
Applying for PSPA (if applicable)
Application for Registration of Pension Plan (T510 E)
Investment Objectives Guidelines
Locking-In Agreement (if applicable)
Letters to CRA & Provincial Authority (if applicable)
Past Service Pension Adjustment Certification (if applicable)
Connected Person Information Return
Beneficiary Designations
Pension Plan Text
Folder of all documents for your personal records
(Turn around time: approximately two weeks)

Step 4: Signing

Once your IPP Online financial advisor receives the IPP document package he or she will co-ordinate a time and place for signing the documents. An IPP Online Specialist is available to assist in this signing process and answer any last minute questions.

Step 5: Registering the Plan with CRA

IPP Online will register your Individual Pension Plan with Canada Revenue Agency (CRA) and the applicable provincial authority (if required). You will work with your IPP Online financial advisor for the funding of the plan assets.

Step 6: Working with your IPP Online Financial Planner/Advisor to Fund the Plan

Your IPP is self directed therefore, working with your IPP Online financial planner, you will identify the proper passive index portfolio to fulfill your requirements and CRA funding guidelines (2-3 weeks turnaround). View Portfolios page.