The Canada Pension Plan (CPP) is a monthly social insurance payment for retired Canadians. The amount you receive is based on your average earnings, CPP contributions and age. Many or all of the ...
Two powerful forces collide in the decision about when to start Canada Pension Plan benefits as an early retiree. To start, there’s the 36-per-cent reduction in benefits at 60 compared with 65. Can ...
You can supplement CPP income by holding the iShares S&P/TSX 60 Index Fund (TSX:XIU) in a TFSA. The post Is it Better to Take ...
Claude Lavoie was director-general of economic studies and policy analysis at the Department of Finance from 2008 to 2023. He has represented Canada at OECD meetings and has received many honours, ...
Your salary slip comes with certain deductions, such as the Canada Pension Plan (CPP). Whether you are employed or self-employed, you have to contribute towards CPP. And this contribution is about to ...
“For someone who’s retired now or just retiring, CPP covers about one-quarter of the average wage, but for someone who’s now ...
Q: I will be 65 in December. I’m still working a full-time salaried job that I plan to continue for two more years. I know I can opt out of paying Canada Pension Plan (CPP) at age 65, but only if I ...
CPP benefits are pretty meagre, which is why you might want to supplement your CPP with stocks like Alimentation Couche-Tard (TSX:ATD). Did you know that Canada Pension Plan (CPP) benefits vary ...
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