Defined Benefit Pension Plan

by Tax Guy - Burlington Accountant on February 1, 2010 Print This Post Print This Post

A defined benefit plan is a registered pension plan (RPP) where the employee knows in advance what their pension will be when they retire. The employer makes contributions to the plan based on an actuarial assessment of the future benefits that will be paid out.

About The Tax Guy...

Dean Paley CGA CFP is a Burlington accountant and financial planner who services individuals and business owners locally, nationally and internationally. Dean has appeared in the National Post, Toronto Star and Metro News.

To find out more, visit Dean's website Dean Paley CGA CFP or connect via Twitter @DeanPaleyCGACFP.

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