CPP Pension Splitting With a Spouse CPP payments are counted as taxable income. Because of that, it makes sense to understand how to structure CPP payments so you pay the least amount of taxes. The basic idea is that the government wants to give retired married couples a break. So what th...
Tax bills increased by a higher tax bracket from “double-dipping” can be reduced with spousal income splitting In the end, it comes down to one thing: How long are you going to live? It’s a question of taxation, lifestyle and life expectation. If you live to be 90, sure, delay ...