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EP 4: The Overlooked CPP Strategy That Saves Business Owners Thousands with Aravind Sithamparapillai
How Should Business Owners Pay Themselves? Salary vs. Dividends
In this episode of Retirement Planning Simplified, Joe Curry sits down with financial expert Aravind Sithamparapillai to talk about how business owners should structure their compensation. They break down the pros and cons of salary versus dividends, how CPP (Canada Pension Plan) fits into retirement planning, and what business owners need to know about tax integration.
You'll also hear about:
When paying into CPP can actually help you in retirement
How RRSPs compare to CPP as retirement tools
How to avoid OAS clawbacks
What to…
The skinny
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