What’s New for Tax Time for Your 2015 Return Due April 2016 If You Have Children?
Lots of families are getting one or two new tax slips in the mail this year and are looking in vain for a non-refundable credit.
Do I Want my Retirement Income to Come From Dividends and Interest or Capital and Growth?
As we edge nearer to retirement I’m trying to position our investments to match our retirement plan. Of course that would be easier if we HAD a retirement plan. One of the first choices we need to make is whether we are planning to fund our retirement from the capital gains made by our investments or only from the dividends, interest and other income our investments generate.
How to Use StudioTax 2013 for a Simple Retired Person’s Tax Return (T4AOAS, T4AP, T4A, T4RIF, T5)
I tested using StudioTax 2013 to calculate an income tax return for a retired pensioner who receives a work pension, CPP, OAS and some investment interest. Here’s how it did.
How To Check My CPP Contributions Online at My Service Canada: Part Two: Using a GCKey
Here’s how to get a copy of your CPP Statement of Contributions online once you have your GCKey. You can use this report to check for mistakes and to estimate your future CPP monthly payments. It may also provide unexpectedly humourous reading like my husband’s did (as I mention in this article.)
How to Get a GCKey for My Service Canada After You Get Your Personal Access Code, PAC
Ok, now I’ve got my PAC in the mail from Service Canada, how do I set up a GCKey so I can access my CPP info online? (Yes, they really do make it this difficult and time consuming!)
How to Register for a GCKey To Look Up Your CPP Information Online: Part One
A few months ago I went to the My Service Canada Account website to look up some information on our CPP payments. I unpleasantly found out that they have changed their secure access method and my Personal Access Code wasaaa
Why the Government Should Say CPP is Failing and OAS Will be Ended
If CPP was failing and OAS was ending before you retired, what would you do differently now?
Pension Planning: What Happens If My Partner or Spouse Dies Young?
Do you know how much, if anything, you would receive from your spouse or partner’s pensions, including CPP, if they died before you? Did you know you could potentially receive none of their CPP monthly payment? Understanding what the survivor may receive is a key part of retirement planning.
What Will I Live On When I Retire if I Have No Savings and Don’t Own a Home?
Low income earners may get this much OAS, GIS and some CPP in retirement.