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Category Archives: Government Benefits
These things have Claws
Old Age Security is a taxable pension paid out to Canadians that have lived in Canada for 40 years or more after age 18. A pro-rated amount is payable for those that have been residents for less than that amount … Continue reading
Employment Insurance – It’s about more than losing your job.
Most people think about EI when they’re between jobs as a result of being laid off. However Employment Insurance provides other benefits that should not be overlooked – if only because the responsibility is ours to apply for them in … Continue reading
Planning to Plan
The old axiom goes: failing to plan is planning to fail. But it doesn’t have to be that way. HSBC has compiled a global report focused on retirement. It’s in its 6th edition and they have surveyed over 17,000 respondents … Continue reading
My Government Benefits can do that?
We live in a time where good retirement benefits are hard to find. One of the best ways to get the most out of what you have is to really understand it. There’s nothing quite like searching for the answer … Continue reading
All your eggs in one basket
We’ve all heard the old adage “Don’t put all your eggs in one basket.” Usually, when talking about investments, the proverbial basket of eggs is used to demonstrate risk. If all your eggs are in one basket and you accidentally … Continue reading
Things you should know about the Canadian Pension Plan… Before you retire
Twenty nine billion dollars. Pardon me, approximately 29 billion dollars were paid out in 2009 by the Canadian Pension Plan (CPP). Between retirees, survivors, and those collecting for disability, your pension plan did that. Our pension plan. To keep this … Continue reading
