Advice for small and medium-sized businesses
If you are a business owner, it is likely that it's the most valuable asset in your estate. It's important to plan for the transition of your business before your retirement and be prepared for any unexpected situations that may arise.
Whether your company is large or small, new or well established, we can work in conjunction with a CIBC Small Business Advisor who can offer solutions that are right for you. Our partners at CIBC Business Banking can draft a plan that will allow you to achieve your goals, whatever business life cycle stage your company may be at.
Individual Pension Plans (IPPs) are employer-sponsored defined benefit pension plans with typically one or tbenefits are generally calculated according to a formula based on a number of factors, including years of service and salary levels.
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