OAS increase

$2,150 Old Age Security Payment for Specific Senior Citizens: How to Qualify

by

The Old Age Security (OAS) program, administered by the government of Canada, is therefore an important source of retirement assistance for senior citizens to have financial security. On the other hand, the recent rumors surrounding a monthly payout of $2,150 have left many Canadians wondering if these are the truth. Here is an in-depth look at the Older Americans Save (OAS) program, the truth behind these promises, and the ways …

Read more

CPP Increase 2025: Find Out How Much Your Benefits Will Rise!

by
CPP Increase 2025 Find Out How Much Your Benefits Will Rise!

What is the CPP or, the Canada Pension Plan? The Canada Pension Plan (CPP) is an important source of retirement income for Canadians whom many rely on. The increase in payment as contributed by the CPP is annual based on the inflation rate through the Consumer Price Index (CPI). For all the beneficiaries, their CPP payments will be raised by 2.6% in 2025 starting on the January during the year …

Read more