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
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 automatic for everyone, understanding how each program works and how they overlap can help retirees … Read more
If you’re a retiree or planning to leave the workforce soon in Canada, you may have seen the headline figure of \$3,716 per month in pension income. While it sounds like a brand-new benefit, it’s actually the combined total of three existing government programs—Old Age Security (OAS), the Canada Pension Plan (CPP), and the Guaranteed … Read more