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HOOPP is here! What Every Physician Should Know
Manage episode 461413089 series 3530695
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HOOPP here it is!
Attention Ontario* Physicians!
You can now join HOOPP (Healthcare of Ontario Pension Plan)! That may sound exciting, but you might have lots of questions like...
- What makes HOOPP different from other retirement plans?
- How does HOOPP’s defined benefit pension work?
- How do HOOPP benefits impact your overall retirement planning?
In this episode, we dive into the Healthcare of Ontario Pension Plan (HOOPP), a valuable retirement option for incorporated physicians in Ontario. We’ll break down how the plan works, from eligibility and contributions to its key features. Whether you're early in your career or planning for retirement, understanding HOOPP is essential.
Tune in for insights on:
- HOOPP’s structure and benefits
- How the HOOPP pension plan is structured and how it differs from other retirement plans
- Advantages like stable income and less market risk
If you’re a physician looking to secure your future, this episode is for you!
To learn more about joining HOOPP, talk to your financial planner or take a look here: https://hoopp.com/join-hoopp/physicians-joining-hoopp
Want to understand how this new option impacts you?
If you’re wondering how this change might affect your financial plan and ability to retire, a fee-based plan might make sense for you.
If you like the idea of having a roadmap to your goals, knowing exactly what you’re getting for what you’re paying, and no hidden commissions, book a free discovery call to see if the time is right for you to get a financial plan.
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