Taxes and Retirement

Retirement is no longer the same as it used to be in the early 2000s. Technology has changed the world we live in. Expenses are increasing faster than income. Instead of relying on a single source of income, one is diversifying their income sources. To keep up with the changing trends, the Canada Pension Plan (CPP) enhancement program aims to increase your payout by 33-50% when you retire. But you have to qualify for this benefit increase.

Hoping to Retire? Don’t Miss the CPP Benefits Increase The CPP benefits are increasing by as much as 50%. See if you qualify for the maximum increase and secure your retirement. The post Hoping to Retire? Don’t Miss the CPP Benefits Increase appeared first on The Motley Fool Canada.

How to Decrease Your Taxable Income and Still Make Money (and it’s Legal!) There are legal ways to bring down your taxable income and put that extra cash towards your future. Plus, create passive income for life! The post How to Decrease Your Taxable Income and Still Make Money (and it’s Legal!) appeared first on The Motley Fool Canada.

How Pensioners Can Earn $440 Per Month Tax-Free and Avoid the OAS Clawback Retirees can earn great returns on savings without putting their OAS at risk of a clawback. The post How Pensioners Can Earn $440 Per Month Tax-Free and Avoid the OAS Clawback appeared first on The Motley Fool Canada.