OAS Clawback Thresholds for 2026 Are Your Retirement Savings at Risk скачать в хорошем качестве

OAS Clawback Thresholds for 2026 Are Your Retirement Savings at Risk

Are you receiving Old Age Security — or planning to start soon? Then this video could save you thousands of dollars every single year. In this video, we break down everything you need to know about the OAS Clawback Thresholds for 2026 in plain, simple language — no confusing financial jargon, no complicated math. Just clear, honest information that every Canadian senior and near-retiree deserves to have. Here is what we cover in this video: What the OAS clawback actually is and how it works, the 2026 clawback threshold numbers and what they mean for your retirement income, how CPP, RRIF withdrawals, rental income, and investments can push you over the limit without you even realizing it, real stories from Canadians like Gerald in Barrie, Diane in Victoria, and Marguerite in Moncton, how the Guaranteed Income Supplement (GIS) is also affected, and a simple 7-step action plan you can start using today to protect your benefits. Whether you are already collecting OAS, about to start, or still a few years away from retirement — this video is for you. 🕐 VIDEO CHAPTERS: 00:00 — Introduction and Hook 01:20 — What Is the OAS Clawback? 02:45 — The 2026 Clawback Threshold Explained 04:30 — Gerald's Story — Barrie, Ontario 06:15 — Diane's Story — Victoria, BC 08:00 — What Changed for 2026 and Why It Matters Now 10:00 — Understanding GIS and How It Is Affected 11:45 — Marguerite's Story — Moncton, New Brunswick 13:30 — Your 7-Step Action Plan 16:30 — Is It Too Late If You Are Already Affected? 17:15 — Final Message and Call to Action 📋 YOUR 7-STEP ACTION PLAN (Quick Summary): Step 1 — Find your net income on Line 23600 of your CRA Notice of Assessment Step 2 — List every single income source you have in retirement Step 3 — Look into pension income splitting with your spouse Step 4 — Review your RRIF withdrawal strategy with a professional Step 5 — Start using your TFSA to shelter investment income Step 6 — Request a current year income reassessment from Service Canada if your income has dropped Step 7 — Book an appointment with a certified financial planner or tax professional 📌 IMPORTANT NUMBERS TO REMEMBER: The OAS clawback begins at approximately $90,997 net income for the 2025 tax year. For 2026, projections suggest this threshold may rise to between $93,000 and $95,000. For every dollar above the threshold, you lose 15 cents of OAS. Your full OAS could be eliminated if your income reaches approximately $148,000 or higher. GIS eligibility for single seniors begins under approximately $21,624 per year. 🔔 SUBSCRIBE AND STAY INFORMED: This channel — Canada Pension Plan — is dedicated to helping Canadian seniors, retirees, and near-retirees understand the government benefits they have earned and deserve. We post regular updates about CPP, OAS, GIS, and other retirement topics in simple, everyday language. If this video helped you, please give it a thumbs up and share it with a family member or friend who is approaching retirement. You never know whose financial life you might change by sharing this information. Drop a comment below and tell us your city and province. Let us know if you are already dealing with the OAS clawback or if you are planning ahead. We read every single comment and your feedback helps us make better videos for you. 🔗 USEFUL LINKS: Service Canada — https://www.canada.ca/en/employment-s... Canada Revenue Agency (CRA) — https://www.canada.ca/en/revenue-agen... OAS Payment Amounts — https://www.canada.ca/en/services/ben... GIS Information — https://www.canada.ca/en/services/ben... My Account (CRA Login) — https://www.canada.ca/en/revenue-agen... Disclaimer: The content on this channel is shared for general information only and is not official government advice. This channel is not affiliated with the Government of Canada. Please confirm all details through official sources before making any financial or retirement decisions. 👉 Subscribe for regular updates and simple explanations about CPP and Canadian retirement benefits.