Defined Benefit Pension Income Splitting: Allows retirees to allocate up to 50% of eligible pension income to a spouse, reducing overall tax liability. CPP Pension Income Splitting: Complete a CPP pension income splitting form and your combined CPP income will be taxed based on contributions made ...
Defined Benefit Pension Income Splitting:Allows retirees to allocate up to 50% of eligible pension income to a spouse, reducing overall tax liability. CPP Pension Income Splitting:Complete a CPP pension income splitting form and your combined CPP income will be taxed based on contributions made duri...