How to manage your tax withholding in retirement
Canadians accustomed to annual tax refunds may be surprised to owe tax in retirement and have government benefits clawed...
OAS clawback
When do CPP and OAS pension payment increases happen around your birthday?
Luis asks when his Old Age Security payments will increase now that he is 75. We look at adjustment...
OAS payment dates in 2025, and more to know about Old Age Security
Here’s how Canada’s Old Age Security pension works, who’s eligible for OAS, when you can start receiving OAS, and...
When and how should I start drawing on my retirement savings?
There’s more than one way to optimize your income after retiring. Some strategies can boost wealth, and others may...
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How your net income gets calculated for tax and OAS
To minimize taxes and maximize benefits, learn the difference between deductions, credits and other forms of tax relief by...
What retirees need to know about tax brackets for 2025
Those at or near retirement need to account for slightly higher tax brackets, as well as higher Basic Personal...
How much income can I earn while getting OAS?
If you continue working in retirement, it could cause a clawback on your OAS. Here’s how to figure out...
How to plan for taxes in retirement in Canada
In retirement, some income is not subject to withholding tax, and you may potentially owe tax after filing each...
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“We’re set for life. Should we cash out an RRSP?”
The cost/benefit analysis of liquidating an RRSP can get complex fast. What matters more are your priorities.