Old Age Security News Today

Community groups will share information at Seniors Activity Centre

Which account should you open? Learn the benefits of RRSP vs TFSA accounts to know which best fits your needs and financial plans.

As summer approaches, several government benefits and credits will be available to Canadians. It's important to verify if you can receive certain benefits and credits from the Canada Revenue Agency (CRA), as you may be entitled to thousands of dollars over the coming months.

The Indonesian Employers Association or Apindo reiterated the objection to the recently introduced public housing savings or Tapera.

Facebook advertisements targeting Canadians in English and French claim pension amounts will increase in 2024, touting high payouts for anyone over the age of 55. This is false; the links do not lead to government websites, and Employment and Social Development Canada said 60 is the earliest age citizens become eligible for retirement benefits.

Canadians can transfer some registered accounts without withdrawing funds. What happens when you want to transfer a RRIF to a TFSA?

Apindo rejects the governments policy of deducting three percent of private workers wages as the premium for the Tapera program.

With inflation at all-time highs and the cost of living in Quebec soaring, it's no surprise that residents are looking for ways to earn extra money, whether it be through work or financial programs set out by the Canadian and Quebec governments. A few benefits being paid out in June include the Canada Child Benefit, Quebec Pension Plan and Quebec public-sector pensions, to name a few.

The OAS clawback is a hated tax measure but pensioners can avoid it or lessen the tax bite with proven strategies.

Successful TFSA investing requires four steps and four Canadian stocks to secure your future.