In 2024, the maximum Canada Pension Plan (CPP) benefit for those who begin receiving it at age 65 is $1,364.60 per month. However, not many Canadians actually receive it. In fact, the average monthly ...

The Canada Revenue Agency (CRA) offers several retirement benefits to Canadians after they turn 65. You automatically become eligible for Old Age Security (OAS) and Guaranteed Income Security (GIS) if ...

If you’re nearing the age of 60, it might be a good idea for you to think about when you’re going to take Canada Pension Plan (CPP) benefits. You’re able to begin drawing them starting at age 60, but ...

You have to delay taking CPP to boost your benefits, but you can get passive income sooner by investing in dividend stocks like Royal Bank of Canada (TSX:RY). If you’re nearing the age of 60, it might ...

Believe it or not, we're already halfway through September, and for Canadian seniors who rely on monthly pensions and government support, the September Canada Pension Plan payment is coming up soon.

July is already more than halfway over, and that means it's almost time for another round of government cheques for Canadian seniors, including the Canada Pension Plan and Old Age Security. If you're ...

The average Canada Pension Plan survivor’s pension for new beneficiaries aged 65 and up is an underwhelming $323.05. This explains the unique tone of disappointment in the queries I get from readers ...

Finance Minister Chrystia Freeland says she has asked the Office of the Chief Actuary to calculate a “reasonable” amount Alberta could be entitled to if they pull out of the Canada Pension Plan. This ...