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CPP

A senior-age man and woman check their financial accounts on a laptop

Ask a Planner

How to manage your tax withholding in retirement

Canadians accustomed to annual tax refunds may be surprised to owe tax in retirement and have government benefits clawed...

How to manage your tax withholding in retirement
A grandfather and grandson sit in front of a Happy Birthday sign.

Ask a Planner

When do CPP and OAS pension payment increases happen around your birthday?

Luis asks when his Old Age Security payments will increase now that he is 75. We look at adjustment...

When do CPP and OAS pension payment increases happen around your birthday?

Ask MoneySense

Should we draw down my spouse’s RRIF faster?

The benefits of depleting savings to avoid estate taxes depends on many variables. But if you live a decade...

Should we draw down my spouse’s RRIF faster?
A woman checks her accounts on her phone

Taxes

How to set up CRA direct deposit

Direct deposit puts tax refunds, benefits and other government payments into your bank account faster. Here’s how to sign...

How to set up CRA direct deposit

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Ask a Planner

When and how should I start drawing on my retirement savings?

There’s more than one way to optimize your income after retiring. Some strategies can boost wealth, and others may...

When and how should I start drawing on my retirement savings?

Financial Planning

Ayana Forward, financial advisor

This is Ayana Forward, a Certified Financial Planner based in Ottawa, Ontario.

Ayana Forward, financial advisor

Ask a Planner

CPP for non-residents of Canada: How to apply, report pension income and more

A Certified Financial Planner explains how the CPP process works for a non-resident of Canada and if a return...

CPP for non-residents of Canada: How to apply, report pension income and more
Close-up of a Canadian 20 dollar bill

News

Changes to Canada’s tax brackets, CPP contributions and more in 2025

It's a new year. What financial changes will take effect in Canada in 2025?

Changes to Canada’s tax brackets, CPP contributions and more in 2025

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Canadian retiree looking at the 2025 tax brackets adjusted for inflation

Retired Money

What retirees need to know about tax brackets for 2025

Those at or near retirement need to account for slightly higher tax brackets, as well as higher Basic Personal...

What retirees need to know about tax brackets for 2025

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