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EP 6: Salary vs Dividends: Optimizing Business Owner Payouts with Braden Warwick
How Should You Pay Yourself as a Business Owner? Salary, Dividends, or an IPP?
In this episode, Joe chats with Braden Warwick from PWL Capital about how business owners can pay themselves in the smartest way. They break down the pros and cons of taking a salary, dividends, or using an Individual Pension Plan (IPP), a lesser-known but powerful option.
Braden shares what he's learned from co-authoring a paper with Ben Felix, and they talk through real-life examples. You'll learn how taxes play into each option, what "notional accounts" are (in simple terms), and how a flexible income plan could…
The skinny
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