All items tagged with: OAS
Posted in: Strategic Thinking , Debt Management, Financial Literacy, OAS, seniors, knowledge bureau, Canada Pension Plan, Evelyn Jacks, tax calculator, retirement planning, mortgage, guaranteed income supplement, old age security, Canadian economy, retirement income, CPP, tax course, inflation, financial education, CE summits, Baby Boomers, GIS, old age benefits, Consumer Price Index, CPI, interest, mortgage rates, retiring at 65, high-net worth, retirement investments, saving for retirement
The Old Age Security monthly benefit is expected to increase to $590.74 in the fourth quarter based on CPI data, for a total 2017 benefit of $6,994.62.
Posted in: Breaking News , OAS, CPP income
This is a continuation from last week's article, "Are You Planning Retirement for your Clients?"
Posted in: Breaking News, Investment & Retirement, Tax Planning , OAS
Employment and Social Development Canada announced today the quarterly amounts for Old Age Security (OAS) benefits for October to December 2014 will increase from $558.71 to $563.74 for each of October, November and December, bringing the total OAS benefit for the year up to $6,676.59.
Posted in: Strategic Thinking, Investment & Retirement, Tax Planning , retirement planning, OAS deferral
As of July 2013, OAS recipients can elect to defer taking their OAS pension for up to five years. This would provide for a larger pension then.
Posted in: Breaking News, Tax Planning , OAS, old age security
Old Age Security and the Guaranteed Income Supplement are indexed quarterly based on changes to the consumer price index. As of July 2014, the amounts are increased by 1.28%.
Posted in: Strategic Thinking, Think Tank, Investment & Retirement, Tax Planning , OAS clawback
In the final three months of 2013, seniors will receive an inflation-adjusted increased OAS benefit of $550.99 per month, which makes the total annual OAS benefits a total of $6,578.06.