A potential \$2,500 per month in retirement income may be within reach for eligible Canadian seniors in 2025, thanks to the combined power of Canada Pension Plan (CPP), Old Age Security (OAS), and the Guaranteed Income Supplement (GIS). While not every retiree will qualify for the maximum amount, understanding how these programs work together can … Read more
Big news is rolling in for Canadian seniors and eligible workers as the Canada Pension Plan (CPP) undergoes another round of enhancements. Starting in 2025, certain recipients could see up to \$2,900 more in annual CPP benefits. This increase is not a one-time lump sum; rather, it will be added to monthly payments, amounting to … Read more
Canadian seniors have been abuzz with discussions about a \$2,500 payment supposedly coming to all Canada Pension Plan (CPP) and Old Age Security (OAS) recipients in 2025. The claim has spread quickly online, with some believing the federal government has approved a one-time boost to help with rising living costs. However, while such financial support … Read more