Art Articles & Reviews

Let's talk Pension Plans for Artists and how you can afford your own.

This is possibly the best opportunity for independent artists to have their own Pension Plan that will follow you for life, what ever job you may be doing.

Pension Plan Panel Discussion

We had a great discussion with interested Artists at the ArtNow Art Fair in Saskatoon, September 23. It was engaging and informative as our panel fielded numerous questions that helped clarify and demistify rumours about pension plans. This fixed Artist Pension is managed professionally by Saskatchewan Pension Plan for Artisst in Canada, with some of the lowest fees in the business averaging 8% return over the past 32 years.

We will automatically enter you for a chance to win, but you need to have a confirmed sign up before the draw deadline October 29, 2018.

We will be making a draw for (1 Gift Certificate for $150 from our Pension Plan membership) for HUES ART SUPPLY in Saskatoon. Get your Pension Plan form at the show or download it from the Pension Plan website, fill it out and drop it off at the show or mail it in to the SPP. All artists from across Canada may participate, but need to get the form filled out and submitted to Saskatchewan Pension Plan by Midnight, Monday, October 29, 2018 to qualify for the draw. We will alow 1 week to make sure all the mailed in forms have arrived. Winner will be announced mid November.

It is free to join and get started! The Winner will be notified by email, as well as, posted in the next ArtistsInCanada newsletter. AIC membership not required to have a Pension Plan.

Pension Plan Details

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Secure your future as an Artist.

I don't want to sound like someone's father or a broken record, but if you have the opportunity to be part of a pension plan, do it now and do it early. If you work for a company they may deduct the payment from your cheque and you will eventually learn not to miss it. Some will also contribute a percentage to your plan. Unfortunately, not all pension plans are created equal. If you leave the company or the company declares bankruptcy (like SEARS) your pension may end with it. (Even if Artists in Canada should no longer exist, you still retain your pension plan - it's yours for life).

Let's not complicate this. If you don't contribute to an RRSP or a pension plan, you aren't thinking about your future.

If you are an independent artist who creates art, but also supports yourself through various jobs – Artists in Canada has a pension plan for you. We started this in 2016. It is your responsibility to take care of yourself. If you don't pay into CPP, you will not be able to collect it when the time comes (min. age 60). As a citizen of Canada you will be entitled, at age 65, to receive old Age Security (OAS). Living at the poverty line is not a goal in life. It is advised to have some investments or RRSP's, but this usually only happens when you have regular income and need the tax break.

How can you afford a pension plan?

Where's the money come from to contribute to your own Artist's Pension Plan that will follow you to what ever job you have right up until you start receiving the income?

The Artists In Canada Pension Plan offers you, at no cost to join, a true fixed pension plan. The allowed annual contribution has increased substantially in the past 2 years, so you should have lots of room to contribute. You will also receive the tax savings with your contribution.

MEMBERS ONLY. Artists in Canada will be starting to help sell artist members' original artwork through a new art sales gallery interface presently being designed. Artists in Canada will contribute up to 10% of each sale made on your behalf, directly into your pensiion plan. The artist will end up with 70% of the total sale price including the pension contribution. If you as a member want AIC to sell your art, sign up for the Pension Plan today. 

To participate, sign up today. Once we have confirmation you have signed up, we will work with you to get your images listed. You can contribute to the plan till the age of 71. Last years plan earned almost 10%, so it is still a good investment.

Artists in Canada looks forward to helping Artist Members plan for a secure future.