Avoiding the Old Age Security clawback is typically a top priority for retirees and their advisors. Understanding how different types of investment income can affect your OAS benefit is vital when trying to keep your income under the clawback threshold.
CPP rules can be complicated and there a number of provisions that can affect your pension benefit when the time comes. The provisions that may have the most impact, however, is the CPP dropout provision and the Child Rearing Rule. It is important to have a good understanding of how these provisions can impact your pension entitlement when planning for retirement.