CPP, OAS, GIS - All Things Canadian Government Pensions
Aug 17, 2023
Watch the below video for a comprehensive look at Canadian Government Pension Plans including the Canadian Pension Plan (CPP), Old Age Security (OAS), and the Guaranteed Income Supplement (GIS).
- It is vital to understand how contribution amounts, maximum contributions and years with and without contributions will impact the amount you will receive from CPP.
- Gain knowledge around income thresholds and the clawback system for OAS.
- GIS is based on household income and you may be eligible for a portion even if you aren't eligible for the full amount.
We encourage you to consult with a financial planner for personalized advice on what these benefits will look like for you.
Individuals all over Canada work with Parallel Wealth Financial Group for their retirement planning and/or investment management. Learn what sets us apart and book a complimentary strategy call with our team