Tag · Canada
pension
Loopholes Tagged "pension"
Plain-English guides to Canadian legal rights and workarounds related to pension.
Easy If You're Saving for Retirement
CPP Child-Rearing Provision — Drop Low-Earning Years So Your Pension Stays Higher
If you had low or zero earnings while caring for a child under age 7, the Canada Pension Plan child-rearing provision can exclude those years from your CPP retirement, disability, or survivor benefit calculation, often increasing benefits for life.
Easy If You're Saving for Retirement
OAS Deferral Strategy — Permanently Boost Your Old Age Security by up to 36%
Canadians can delay collecting Old Age Security past age 65, earning a permanent 0.6% boost per month deferred — up to 36% more at age 70.