Those rules can be a bit complicated, the easiest way to calculate your family CCB benefit is to use theofficial calculator located here. You can get a ballpark number by using the clawback above to determine how much cash you’ll get given your specific spot in those variables. Ways to ...
If you have worked in Canada and have paid into the Canada Pension Fund (CPP) or Quebec Pension Fund (QPP), you could be eligible to receive one of these benefits. In addition, the Old Age Security (OAS) pension is a monthly payment you can get if you are 65 and older. As part ...
–project your RRSP value throughout your retirement and calculate the mandatory withdrawal income combined with CPP + OAS –assess the likely input tax rate vs. output tax rate and use this to identify when it makes sense to put $$ in your RRSP and when to take it out. –don’t miss...