Understanding Old Age Security (OAS) & Guaranteed Income Supplement (GIS): How much in 2025?
Автор: Long term investment wisdom & retirement planning
Загружено: 10 февр. 2025 г.
Просмотров: 324 просмотра
Are you retiring soon or planning ahead? In this video, we break down everything you need to know about Old Age Security (OAS) and the Guaranteed Income Supplement (GIS) in Canada.
0:00 - Intro
0:33 - What is Old Age Security (OAS)?
0:55 - OAS Eligibility & How Payments Are Calculated
1:39 - How Much OAS Can You Get? (2025 Payment Amounts)
2:04 - OAS Clawback Explained (Thresholds & Calculations)
3:25 - What is the Guaranteed Income Supplement (GIS)?
4:21 - GIS Payment Amounts & Eligibility
4:54 - Are OAS and GIS taxable
5:25 - How to Apply for OAS & GIS
5:52 - Tips and Reminders
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Disclaimer: This video is for informational purposes only and should not be considered financial advice. Please consult a qualified financial advisor or tax professional for personalized advice tailored to your specific financial situation and retirement goals.

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