Guaranteed Income Supplement in Canada (GIS) 🍁

The Guaranteed Income Supplement (GIS) is a tax-free, monthly payment paid by the Government of Canada to eligible seniors. In this video, we'll review the qualification criteria for Guaranteed Income Supplement (GIS) as a supplement to Canadian Pension and review who is eligible for GIS.

Are Canadian Immigrants eligible for GIS? We'll also discuss how much GIS pays and whether Canadian immigrants (those with Permanent residency or citizenship) are eligible for GIS. To learn more, you can visit Canada.ca website.

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📌Video Chapters
Intro - 0:00
Guaranteed Income Supplement (GIS) - 0:24
Eligibility for GIS as an Immigrant - 1:25
How much GIS pays? - 3:04
GIS Allowance for the survivor 3:28
How to determine income - 3:53
Exemptions from income - 4:53
Closing 5:55

🔗 How are you preparing and saving for your retirement years? ... Let us know in the comment section down below.

#retirementplanning #saving #canada #finances #financialfreedom

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