Canada's Public Pension System Made Simple by Lee Tang

The Secrets to maximizing Your Retirement Income from Government Pensions

Get the Most out of Your Canadian Government Pension!

Are you getting everything you can from the government?
The public pension system is complex and often changes, which means many people are not claiming money that they’re entitled to.

Do you know all of your options for maximizing your pension?
Many people missed out on government pensions because they failed to take action to maximize their benefits.

Could you use more money to pay your bills?
Read this book to make sure you’re not missing out on benefits that could help you pay your bills.

Did you know?

• Government pensions are not automatic. You have to apply for it.
• You do not have to stop working to receive your government pension.
• You may be eligible for government pensions from Canada even if you are living abroad and have never worked in Canada.
• You may have to pay back part or all of your Old Age Security pension if your annual income is higher than a certain level. This is also known as the OAS clawback.
• Many people missed out on government pensions because they failed to take action to minimize the clawback.
• You can minimize the clawback, maximize your pension, and save taxes by following a few simple and proven strategies.

About this book

This book was written to help you get the most out of your government pensions. Inside you'll find everything you need to know about Canada's public pension system and the actions and strategies that you can take to reduce the clawback on your OAS pension. Specifically, you will learn:

• What benefits are offered, how to qualify, and how to apply for it.
• Why it is important to have an RRSP withdrawal strategy.
• Why it is important to have a tax-efficient investment strategy.
• How you can minimize the clawback, maximize your pension, and save taxes by following a few simple and proven strategies.

This book is for you if you are:

• at or approaching retirement age
• a Canadian living abroad
• a new immigrant to Canada
• a financial planner
• an immigration consultant
• a human resources professional
• a student of public policy

Read this book and start getting the money you deserve!

Genre: BUSINESS & ECONOMICS / Personal Finance / Retirement Planning

Secondary Genre: POLITICAL SCIENCE / Public Policy / Social Security

Language: English

Keywords: old age security, social security, government pension, government benefits, Canada Pension Plan, Quebec Pension Plan, Gurranteed Income Benefit, spousal benefits

Word Count: 20,000

Sample text:

Canada's public pension system consists of a combination of government-sponsored programs:
The Old Age Security program which provides Canadians with a pension at age 65 if they satisfy certain residence requirements.

• The Canada/Quebec Pension Plan, which provides Canadian workers and their families with partial replacement of earnings in the case of retirement, disability or death.
• The Provincial Income Supplement Programs which provide their low-income residents with an income supplement to the Old Age Security benefits.
• The Veterans Affairs Canada Program, which provides qualified veterans with retirement, disability, and death benefits.

These programs were created to help eligible Canadians answer concerns regarding how they will pay their bills when they are retired, and what happens if they become disabled and are not able to provide for themselves and their families.

Each of these programs has separate eligibility requirements, procedures, and rules. Some programs require you to pay into the system to be eligible, others don't. Some benefits are paid only if you live in Canada, and others are paid anywhere in the world. Some benefits are income-tested, meaning the benefit amounts will be reduced if your income is over a certain level; others are not.

Book translation status:

The book is available for translation into any language except those listed below:

Language	Status
Portuguese	Already translated. Translated by Marcelle Massocati Correa Cabral
Spanish	Already translated. Translated by Martha Moreno

Would you like to translate this book? Make an offer to the Rights Holder!

Translate into:Choose the language you would like to translate intoAfrikaansDutchFinnishFrenchGermanGreekHindiIrishItalianJapaneseNorwegianSwedish

  Return