Where should working retirees put extra income: A TFSA or an RRSP?
Working Canadian retirees may look at CPP and OAS as extra income. Is putting that money in a TFSA...
OAS clawback
OAS entitlement and deferral rules for immigrants to Canada
A person who moves to Canada in middle age won’t be entitled to the maximum Old Age Security pension....
How to avoid tax on severance pay in Canada
Find out how you can reduce the tax payable on a severance payment, and what happens when receiving a...
What to know about withholding tax in retirement
Most retirees have taxes owing at the end of the year. Should you adjust the withholding tax on your...
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How to plan for retirement in five or 10 years
When deciding to retire in five or 10 years, there are a few things to consider, in addition to...
Should you collect CPP and OAS while working in your 60s?
If you’re in your 60s and plan to remain in the workforce, here’s what you need to know about...
Delaying CPP and OAS to age 70: Is it worth the wait?
The longer you wait to use CPP and OAS, the more you could earn monthly. But with the recent...
Should you apply for OAS even if you have a high income?
If you are a high-income senior whose Old Age Security would be fully clawed back, find out if you...
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How to avoid OAS clawbacks when you’ve had a temporary increase in income
A one-time bump in Sam’s income triggered an Old Age Security benefit clawback, and he wants to know if...