INSURED RETIREMENT PLAN (IRP)
Grow Wealth. Access Tax-Efficient Income. Protect Your Legacy.
An Insured Retirement Plan (IRP) combines permanent life insurance with tax-sheltered investment growth to provide a flexible, tax-efficient retirement solution for business owners and incorporated professionals.
Your policy’s cash value grows tax-deferred, and in retirement, you can access it through a tax-efficient loan to supplement income. Meanwhile, the death benefit ensures estate liquidity and a tax-free legacy for your heirs or shareholders.
Key Benefits:
-
Tax-deferred growth and compounding
-
Tax-efficient supplemental retirement income
-
Permanent life insurance protection
-
Estate planning and wealth preservation
-
Corporate advantages via the Capital Dividend Account (CDA)
An IRP is ideal for business owners seeking long-term wealth accumulation, retirement flexibility, and legacy planning.