CRA Update: 1 Big CPP Pension Change You Should Know
CRA Update: 1 Big CPP Pension Change You Should Know
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The Canada Pension Plan (CPP) is an important reason Canada is an incredible place to live as a retired citizen. After all the hard work you put in while you were working, you can rest assured that the government will take care of you for cultivating the relationship.
The CPP is not a government-funded retirement fund like
Old Age Security (OAS). People fund their CPP pension throughout their working life. If you are over 18 years old, not a resident of Quebec, and earn more than $3,500 per year, you are obligated by law to contribute to the CPP.
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