Join Maureen Vance CPA, CA for a comprehensive and practical discussion of CPP and OAS payments, including a review of some of the most commonly misunderstood aspects of the programs, such as the CPP “drop-out” provision, the post-retirement benefit and maximum survivor benefits. Recent changes to CPP and QPP will also be discussed, as will the differences between CPP and QPP.
Case studies will be used to illustrate the various factors that should be taken into consideration when recommending when to start CPP and/or OAS.
TOPICS:
CPP
- CPP Basics
- Enhanced CPP
- Recent changes
- CPP Retirement Pension Calculation
- Understanding the Drop-out provisions
- The CPP statement: how to access it, and what does it mean?
- CPP Disability Benefit
- Starting CPP early or deferring CPP: breakeven analysis
- Working and collecting CPP
- Post-Retirement benefits
- Impact of early retirement
- Contributing to CPP past age 65
- Calculating Survivor benefits
- Splitting CPP with a spouse and pension sharing
- Québec Pension Plan
- Common CPP scenarios
OAS
- OAS eligibility
- OAS deferral enhancement
- Implications of OAS clawback
- Qualifying for Guaranteed Income Supplement
LEARNING OBJECTIVES:
- Learn how to calculate the CPP retirement pension
- Understand the implications of the death of a spouse on CPP and OAS
- Be aware of the effect of early or late retirement on CPP entitlements
- Recognize the factors that should impact the decision of when to take CPP and OAS
THIS WEBINAR INCLUDES:
- 30 days to review the webinar recording
- PDF version of the presentation slides
- PD Certificate for 2.5 hours
PRESENTER: Maureen Vance B.Com., CPA, CA
Maureen obtained her CA with Peat Marwick Mitchell (a predecessor of KPMG) and joined Taxprep (now part of Wolters Kluwer) in 1985. She completed the CICA In-depth tax course in 1991, and since 2002, she has been a consultant to Wolters Kluwer on tax and compliance issues.
Maureen researches and writes material on tax planning and compliance and presents webinars on various tax and software topics to tax practitioners across Canada. She is a member of the CRA-CPA Canada Technology Working Group, a contributor to the CPA Canada Tax Risk Management Guide, and a contributing author to the Wolters Kluwer publications Preparing Your Income Tax Returns, Preparing Your Corporate Tax Returns, Preparing Your Trust Returns and Preparing Your Partnership Returns.
CANCELLATION POLICY:
Cancellations must be confirmed in writing at least one (1) business day before the start of the broadcast to receive a full refund. No refunds will be issued for notices received after the cancellation period. If the webinar is cancelled, participants will be notified and may transfer their registration or obtain a refund.