The Canada Pension Plan (CPP) is an important source of income for many Canadians in their retirement years. In order to receive the full amount of CPP benefits, it is important to understand how to maximize your contributions and plan for your retirement accordingly. One way to maximize your CPP benefits is to contribute the […]
Category: Canada pension blog
The Difference between Canada Pension Plan and Old Age Security
There are two main retirement benefits available to Canadians: the Canada Pension Plan (CPP) and Old Age Security (OAS). While both are government-funded programs, they have different purposes and eligibility requirements. The CPP is a monthly payment that aims to replace a portion of an individual’s income from employment upon retirement. In order to be […]
Common Myths about Canada Pension Plan Debunked
When it comes to Canada Pension Plan (CPP), there are many misconceptions and myths that often lead to confusion and misunderstanding. As one of the main sources of retirement income for Canadians, it’s important to have a clear understanding of how CPP works to make informed decisions. Let’s debunk some common myths about Canada Pension […]
Understanding the Eligibility Criteria for Canada Pension Plan
The Canada Pension Plan (CPP) is a social program that provides pension benefits to retired and disabled Canadian citizens. It is a valuable source of income for individuals who have contributed to the plan during their working years. To be eligible for the CPP, there are certain criteria that individuals must meet. It is important […]