CCP2 Max Contribution Limit & Rates for 2024-2025: How it Works?
The Canada Pension Plan (CPP) enhancement, introduced on January 1, 2019, aims to provide greater financial security for Canadian workers and their families. By increasing […]
New EI Max Contribution Limit, Rates & Weekly Benefits Increase for 2025
The Employment Insurance (EI) program has announced an increase in the Maximum Insurable Earnings (MIE) for 2025. These changes, effective January 1, 2025, will impact […]
Should High-Income Earners Apply for OAS? Key Considerations for Deferral and Clawbacks
Old Age Security (OAS) offers an essential source of retirement income for Canadians aged 65 and older. However, for high-income earners, the decision to apply […]
ODSP Hidden Benefits: Know What Common Disabilities Qualify for ODSP Extra Hidden Benefits
Discover the hidden benefits of ODSP, including common disabilities that qualify and additional perks you might not be aware of. Learn about the extra support […]
Top 5 Government Benefits Canadians Can Expect in December 2024
As the holiday season approaches, Canadians can look forward to a series of government benefits and credits from the Canada Revenue Agency (CRA). These payments […]
Can You Receive CPP If You Never Worked? Here’s What You Need to Know
The Canada Pension Plan (CPP) is primarily designed to provide retirement income for individuals who have contributed to it through employment or self-employment. However, exceptions […]
Can You Get OAS If You Never Worked in Canada? Here What You Need to Know
The Old Age Security (OAS) pension is a cornerstone of retirement income for Canadians, providing financial support regardless of your employment history. Here’s a comprehensive […]
Working While Receiving CPP Benefits: What Happens, Do Age & Earnings Matter?
You can absolutely continue working while receiving CPP benefits. There’s no mandatory retirement age in Canada, and your employment status doesn’t affect your eligibility for […]
Top 5 Best GIC Rates Canada: Lock in for High Returns grow your Wealth
Guaranteed Investment Certificates (GICs) are one of the safest investment options available in Canada, offering guaranteed returns over a fixed period. As interest rates fluctuate, […]
Guaranteed Income Supplement (GIS) in Canada 2025: Who Qualifies and How to Apply?
The Guaranteed Income Supplement (GIS) is a vital financial aid for low-income seniors in Canada who are already receiving the Old Age Security (OAS) pension. […]