When it comes to Canada Pension Plan (CPP) benefits, most soon-to-be retired Canadians know the dilemma. If you retire at 60, you won’t get much. But if you wait until 65 or later, you’ll most likely ...
Canadian retirees face several hidden pitfalls from the Canada Revenue Agency (CRA) that can reduce their Canada Pension Plan (CPP) benefits. It’s essential to understand these traps and maximize ...
Believe it or not, we're already halfway through September, and for Canadian seniors who rely on monthly pensions and government support, the September Canada Pension Plan payment is coming up soon.
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3 reasons to take CPP early
For every month you take your Canada Pension Plan retirement benefit early, you permanently lose 0.6%, reducing your monthly cheque up to 36% if you take it at age 60. On the other hand, for every ...
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