Qualifying for theBenefits of the FPP
The FPP is a combination registered pension plan under section 147.1 of the Income Tax Act (Canada). The Family Pension Plan is a stable, creditor-protected solution that allows Canadian business owners, family enterprises, and incorporated professionals (such as doctors, lawyers, accountants, franchise owners and consultants) to reduce their risk and increase their wealth by enjoying the superior tax advantages of a pension plan