The Canada Pension Plan (CPP) and Old Age Security (OAS) are the two most important retirement income programs for seniors in Canada. Together, they provide a stable foundation for millions of Canadians living on fixed incomes. In 2025, both CPP and OAS are seeing important updates that directly affect how much seniors receive and who Continue reading
OAS clawback 2025
OAS Clawback Red Flags 2025: 3 Key Reasons Why the CRA May Reduce or Suspend Your Old Age Security Payments
For many Canadians, the Old Age Security (OAS) pension is a vital source of retirement income. However, not all seniors receive the full amount they expect. Each year, the Canada Revenue Agency (CRA) reviews incomes and applies the OAS Recovery Tax, commonly known as the OAS clawback, to higher-income seniors. In 2025, the rules remain Continue reading