Retirement Savings beyond RRSPs and RPPs

Retirement Savings beyond RRSPs and RPPs
RRSPs and RPPs are not the only retirement savings options. Leveraged Deferred Compensation Plans (LDCPs), Retirement Compensation Arrangements (RCAs), Individual Pension Plans (IPPs), and Supplemental Executive Retirement Plans (SERPs) may offer alternative methods of funding retirement goals for some clients

The Leveraged Deferred Compensation Plan
The leveraged deferred compensation plan (LDCP) combines the features of the universal life insurance policy with a loan in retirement. A universal life insurance policy, sometimes called an insured retirement plan, has two components: