Forum Discussion
Canuck_Travelle
Mar 27, 2015Explorer
Gruffy wrote:Canuck Travellers wrote:Gruffy wrote:
Ahhh OAS is now in the order of $9600 .... (deferred amount) that is a lot to give up if you can manage to avoid it. And yes TFSA's are by far the best option.
Depends what is your situation," if you can manage to avoid it" that's the key....Old Age Security (OAS) pension
Regardless of your marital status:
$563.74 $114,815 (individual income)
This situation gives you $6764.88 per year, your mileage may vary.....
Here is where you should look for the correct amount:
http://preview.tinyurl.com/qy9dgcv
AS
Last year we were allowed to defer OAS up to 5 years. A lot of people missed that because it wasn't well publicized. Financial advisers were pretty much useless.
Memory being what it is I think that $9600 was the new OAS total if you defer to age 70.
"$9600 was the new OAS total if you defer to age 70." OK, that would make sense.
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