Retiring in Canada? This Hidden Income Rule Could Cost You Thousands скачать в хорошем качестве

Retiring in Canada? This Hidden Income Rule Could Cost You Thousands

Here's my FREE Newsletter -https://cpa-money-mentor.kit.com/9d9f... If your retirement income is over $93,454, you could be losing part of your Old Age Security — and there's a hidden trap with dividend income that makes it worse. In this video, I break down exactly how the OAS clawback works and give you 6 practical strategies to protect your benefits. 🎯 WHAT YOU'LL LEARN: ✅ How the OAS clawback threshold works ($93,454 in 2025) ✅ The hidden dividend trap that catches most retirees ✅ Which income counts toward the clawback (and which doesn't) ✅ 6 strategies to protect your OAS benefits ✅ When to withdraw from RRSPs to avoid clawback ✅ How pension income splitting can save you thousands ⏱️ TIMESTAMPS: 0:22 - What is the OAS Clawback? 1:00 - How the Clawback Works (The $93,454 Threshold) 3:00 - What Income Counts? (The Dividend Trap) 4:15 - Strategy #1: Maximize Your TFSA 4:25 - Strategy #2: Restructure Your Investments 5:15 - Strategy #3: Pension Income Splitting 5:50 - Strategy #4: Withdraw RRSP Before Age 65 6:30 - Strategy #5: Time Large Income Events 7:15 - Strategy #6: Delay OAS to Age 70 📊 KEY NUMBERS TO REMEMBER: OAS Clawback Threshold: $93,454 (2025) Clawback Rate: 15% of income over threshold Full OAS Loss: $151,668 (ages 65-74) or $157,490 (age 75+) Dividend Gross-Up: 38% (so $10,000 dividends = $13,800 taxable income) OAS Deferral Increase: 0.6% per month (7.2% per year, max 36% at age 70) 💡 RELATED VIDEOS: [Link to CPP video    • Taking CPP at 60 Makes Sense — Here’s the ...   ] [Link to TFSA vs RRSP video    • RRSP vs TFSA: Which One Actually Fits Your...   ] [Link to retirement planning playlist.    • Retirement Planning   ] 📌 ABOUT THIS CHANNEL: I'm Toyin, a CPA and financial planner helping Canadians navigate retirement planning with clear, practical advice. Subscribe for weekly videos on Canadian personal finance, retirement strategies, tax planning, and wealth building. --- ⚠️ DISCLAIMER: This video is for educational purposes only and should not be considered personalized financial advice. The strategies discussed may not be suitable for everyone. Please consult with a qualified financial advisor or tax professional before making financial decisions. Tax rules and OAS thresholds are subject to change. --- RESOURCES MENTIONED: Service Canada OAS Information: https://www.canada.ca/en/services/ben... CRA Line 23400 Information: https://www.canada.ca/en/revenue-agen... --- © 2025 CPA Money Mentor. All rights reserved. --- #OAS #OASClawback #CanadianRetirement #RetirementPlanning #OldAgeSecurity #TFSA #RRSP #RetirementIncome #CanadaFinance #FinancialPlanning #CPAMoneyMentor #RetireInCanada #TaxPlanning #PensionSplitting #CanadianTaxes