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Regular progress meetings should be scheduled during the year to update and adjust your retirement income plan.
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In meeting with clients a common question we hear is,” Can we give money to our children to help with a home purchase?”
At retirement business owners may end up with investment assets within their CCCP, and this can be used for their retirement income.
Investing within your CCPC offers the potential to defer the taxation versus simply paying out the income to yourself and then investing the after-tax capital.