Platform Insurance

Employee Benefits

Compensation Allocation Simulator

Ontario · 2026 Tax Year · Employee

Total comp budget: $150,000

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Your Compensation Package

Total comp budget

$150,000

annual, set by employer

RRSP room available

$20,000

this year

Province: OntarioEmployment: Full-time employeeTax year: 2026

Your Benefits Plan

Your Allocation

Base Salarycash payroll
$150,000
$0$150,000
Employer RRSPpre-tax retirement contribution
$
$0$20,000
Equity / RSUsvests over 4 years · taxed on vest
$
$0$150,000
Flex Benefits Pool$0 of $8,000 used
Dentaldental care, orthodontics
$
$0$5,000
Medical / Extended Healthvision, paramedical, prescriptions
$
$0$6,000
Professional Developmentcourses, conferences, certifications
$
$0$2,500
Total employer cost$150,000

Tax Comparison

Before

After Allocation

Monthly take-home

$8,808

Monthly take-home

$8,808

Taxable income$150,000
$150,000
Federal tax$29,533
$29,533
Ontario tax$14,775
$14,775
Total tax$44,308
$44,308
Effective rate29.5%
29.5%

Simplified Model · Not Tax Advice

  • 2026 federal + Ontario marginal brackets only; no CPP or EI
  • Does not apply the Basic Personal Amount credit
  • Dental & medical treated as non-taxable HSA credits
  • Professional development tax treatment may vary
  • Equity / RSUs taxed as employment income on vest — not reflected here
  • RRSP room capped at employer-provided figure (CRA max $32,490)
Compensation Advisor

Hi, I'm your compensation advisor.

Tell me about your goals and life situation — I'll suggest the right allocation for you.

Simplified model · not financial advice