Did you turn 65 this year? Are you planning to claim the Old-Age Security (OAS) pension? Then you should read this as the Canada Revenue Agency (CRA) can claw back all your pension under certain circumstances. However, you can save your OAS from the CRA clawback if you plan your finances systematically, considering your financial situation. What you should know about the OAS clawback
The OAS is a government-funded pension Service Canada provides to people who have lived in Canada for at least 10 years after age 18. When you turn 65, Service Canada automatically enrolls you for […]
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