1 Stuart is the senior vice president of a small transportation company and owns 20% of the company shares. He wants to establish an individual pension plan for himself. All of the following statements about IPPs are true, EXCEPT: a) Stuart will know his level of income at retirement. b) His pension will be limited to the legislated maximum yearly pension per years of service. c) His own contributions are limited to 50% of the accrued benefits d) His trade creditors can access the funds in the IPP