📌 CRA Doesn't Send a Bill for OAS Clawback — It Silently Reduces Your Monthly Deposit Instead

📌 CRA Doesn't Send a Bill for OAS Clawback — It Silently Reduces Your Monthly Deposit Instead

Many Canadian seniors are surprised to learn that the OAS clawback doesn't arrive as a bill in the mail. Instead, the government can quietly reduce your monthly Old Age Security deposit based on your reported income. In this video, we explain how the OAS recovery tax works, the income thresholds that trigger benefit reductions, and the common retirement income mistakes that can lead to unexpected losses. Learn how pensions, RRIF withdrawals, investment income, and other sources of revenue may affect your OAS payments. Watch until the end to discover practical strategies that could help protect more of your retirement income.

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Видео 📌 CRA Doesn't Send a Bill for OAS Clawback — It Silently Reduces Your Monthly Deposit Instead канала Canada Wealth Crisis