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.
@web3telАй бұрын
Thank you, probably it was worthwhile to mention eligible dividend gross up , which might bring total taxable income above OAS clawback level.
@paddyanne2024Ай бұрын
Thank you for a clear description of your various scenarios
@analogconversationАй бұрын
Thank you! All good reminders!
@joethetravelguy6943Ай бұрын
Is it gross income or net income ? It says net income on the government site. Thanks good video
@WillParffit3425 күн бұрын
Very useful info.
@robertk5441Ай бұрын
Excellent presentation. 😮
@dwaynejohnson6277Ай бұрын
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?