Taxable Benefit Policy
To comply with Canada Revenue Agency (CRA) legislation, a Taxable Benefit will be assessed for your attendance at President’s Academy. This Taxable Benefit will be charged to each qualifier’s commission account in the fourth quarter of 2025. You will be notified by email of the amounts processed.
The Taxable Benefit is calculated for qualifiers by assessing all non-business-related program costs, including airfare, at approximately 60%*. The Taxable Benefit is calculated for guests by assessing all non-business-related program costs, including airfare, at approximately 80%*. Those who qualify for Business Class air travel will incur an additional Taxable Benefit; more information can be found here. Historically, the Taxable Benefit amount falls between $6000 – $7500 for qualifiers and between $5000 and $6000 for guests. Please plan accordingly.
*subject to change based on the final agenda.
Guest Policy
The qualifier can bring only one guest to President’s Academy. Guests must be 21 years of age or older to participate. Please note that the qualifier and invited guest will share a room at the host hotel. There will be an opportunity on the registration form to choose one or two beds for accommodation. Every effort will be made to accommodate requests but cannot be guaranteed.
Guest Attendance Guidelines:
If your guest is not a licensed team member, their attendance includes the General Sessions, evening events/group functions, breakfasts, transfers and optional activities. The Business Session and CEO Roundtable & Breakouts are designed exclusively for qualifiers and business guests.
If your guest is a licensed team member or an IG Wealth Management advisor, they will have access to all events, including the Business Sessions and CEO Roundtable & Breakout Sessions.
Declining President's Academy
If you do not plan to attend, please click here to notify us by February 21, 2025.
Should you decline to attend President’s Academy, you will be provided with a cash payout based on your Achievement Level at the time of qualification – December 31, 2024.
- Achievement Level 1 – 12 will be eligible for $6,000
- Achievement Level 13+ will be eligible for $14,000
This payout will be applied to your Commission Statement in June.
Cancellation Policy
If you cancel after March 27, 2025, you will not be eligible for the cash payout. Additionally, you will not be assessed a Taxable Benefit amount.
Accommodation Policy
MCI will book your accommodations during program dates at the Villa Igiea and confirm details with you.
Should you wish to extend your stay at the Villa Igiea, you can indicate this on your registration form and MCI will be in contact to assist with booking and invoicing for the extension. The group rate, starting from €900.00 plus applicable taxes, will apply three days before and three days after the conference dates (subject to availability). Your request will be submitted to the hotel on an individual basis, and you will be notified once the room category, rate and date availability have been confirmed. Although MCI will do their absolute best to accommodate your request, please note that rooms are not held, and extensions are subject to availability. If you are extending at another property, you are responsible for making your own arrangements.
Payment for any extensions will be settled with Villa Igiea upon your arrival to the hotel.
Flight Policy
MCI is available to book flights for you and your guest in making your travel arrangements to and from Palermo, and with any extension arrangements should you wish to use their services. This priority service is included as a qualifier benefit. You can indicate on your registration form whether you will be booking your flights with MCI or booking your own.
If you choose to book air travel with MCI, they will reach out to you to assist with booking your flights. If you prefer to book your own travel, or use rewards points to book your own flight, you may do so.
For qualifiers booking your own travel, please email a copy of your itinerary and a copy of your flight receipt, showing all flight charges, to the President’s Academy Program mailbox for reimbursement.
Please, register early for the best possible flight options. If you qualify for Business Class, please book as soon as possible, as seats are subject to availability and can sell out quickly.
For more information about travel booking, visit the travel page.
Airport Transfer Policy
For arrivals and departures, transfers will be provided between Falcone Borsellino Airport and the Villa Igiea up to 3 days pre/post group travel dates. If you have booked your own flights, please send your itinerary Jamie Pettersen at presidentsacademy@wearemci.com to make the arrangements.
