Say Goodbye to OAS Clawback: 7 Proven Winning Strategies

[@Larry1-pl2wq]

If your income goes over a certain threshold, you could lose some or even all of your OAS benefits. It’s frustrating because it feels like you’re being penalized for doing well.

[@web3tel]

Thank you, probably it was worthwhile to mention eligible dividend gross up , which might bring total taxable income above OAS clawback level.

[@paddyanne2024]

Thank you for a clear description of your various scenarios

[@analogconversation]

Thank you! All good reminders!

[@joethetravelguy6943]

Is it gross income or net income ? It says net income on the government site. Thanks good video

[@WillParffit34]

Very useful info.

[@robertk5441]

Excellent presentation. 😮

[@dwaynejohnson6277]

Wow!! Useful information. One question though, the video was all about trying to keep taxable income ideally below $90k and at the end you talked about different tax rates for capital gains and dividends. How does this map to taxable income? Would the taxable income = emp income + rrif withdrawals + OAS payments + CPP payments + .5 cap gains + .3 dividends?