These 3 Retirement Tax Credits Equal Up To $50,000 Per Year In Retirement Income

PlanEasy 33 views

Download Video

Comments


@pstolee
Great video Can a 65 year old pensioner, income split with a wife who is 60 and retired?
Comment from : @pstolee


@RK-hw9tg
If you hear 401k, it is US RRSP is Canadian equivalent
Comment from : @RK-hw9tg


@satinderbank4607
Hi, This video, though great is a bit misleading in my opinion The age and basic tax credits are not tied to CPP and OAS I believe - you are just showing to make a point Correct? I mean you will get those credits even if you have less than full CPP/OAS (and that amount of income comes from your non-reg for example) Please clarify by a reply Thanks
Comment from : @satinderbank4607


@trig33kgirl
This must be Canada ?
Comment from : @trig33kgirl


@1001legoboy
What country?
Comment from : @1001legoboy


@somai_1
Can you include examples for single people? Everyone seems to forget we exist, except the government that wants out taxes
Comment from : @somai_1


@jws3925
This is all fine and good but I have two comments: 1) This seems analogous to the car dealer ads who advertise the price of the car if one qualifies for all the programs (first responder, first time buyer, veteran etc) No one ever qualifies for all the incentivesbr2) Could you please post a key to all the abbreviations in the text so those of us who are not familiar with them can refer to it?
Comment from : @jws3925


@edhuber3557
Good stuff, surely, but FOR bCANADIAN/b RETIREES
Comment from : @edhuber3557


@MeF2023
Very, very helpful information I have not seen this information in one vlog, and I have been watching vlogs related to this and retirement & RRSP/RRIF for one year now Thank you!
Comment from : @MeF2023


@chippychick6261
Single retirees?
Comment from : @chippychick6261


@rickbold9337
Thanks for the great content Do you have to be living in Canada as a resident for these deductions?
Comment from : @rickbold9337


@vladotasev2762
For OAS it is important how many years you are on Canada Does GIS aammount depends on years spent in Canada, or it depends only on your other income? Thanks
Comment from : @vladotasev2762


@web3tel
Great info! But it seems you have not mentioned provincial age tax credit and basic personal amount or did I miss it? Thank you
Comment from : @web3tel


@robthesailor
With a maximum lifetime contribution limit of $88K, please tell me how two investors parlayed their TFSA into over $300K each? You even acknowledged $150K as a more reasonable number in your video - but you did not use it in your example Using unrealistic numbers to "wow" the viewer, makes you lose credibility as a financial planner in my mind
Comment from : @robthesailor


@adilechavush6284
This is the best way explain and fits just perfect with my plan
Comment from : @adilechavush6284


@marcleblanc6293
What good are tax credits when you dont get enough to live on to begin with?
Comment from : @marcleblanc6293


@mike330i
Is the OAS income taxable? If so, how much would it be in this scenario?
Comment from : @mike330i


@dancallis3254
Fantastic information, thank you!
Comment from : @dancallis3254


@martymendes1
Thanks for another informative video I have a question regarding DB pensions and income splitting I have asked 2 planners and gotten 2 different answers so you can break the tie Can DB pension income be split before age 55, or is there an age restriction? I realize most workers are not eligible for DB pensions before 55 but some, Ontario teachers for example, can collect reduced pensions starting at 50 Thanks again and keep up your excellent work
Comment from : @martymendes1

Related Videos

Tax On Gift Income 2024 | Income Tax On Gifts Received | Taxation Of Gifts Under Income Tax Act 13.51
Tax On Gift Income 2024 | Income Tax On Gifts Received | Taxation Of Gifts Under Income Tax Act
Banking Baba
34 views
Gran Turismo 7 Money Glitch! 1,000,000 CREDITS PER MINUTE (GT7 UNLIMITED MONEY/CREDITS GLITCH) 2.47
Gran Turismo 7 Money Glitch! 1,000,000 CREDITS PER MINUTE (GT7 UNLIMITED MONEY/CREDITS GLITCH)
Lightinx
274 views
What are Tax Credits? CPA Explains How Tax Credits Work (With Examples) 7.26
What are Tax Credits? CPA Explains How Tax Credits Work (With Examples)
LYFE Accounting
29 views
Do You Have College-Age Kids and Family Income Higher than $160,000? These Tax Credits are for You. 3.59
Do You Have College-Age Kids and Family Income Higher than $160,000? These Tax Credits are for You.
Cary Stamp u0026 Company
6 views
Income Tax on Stock Market Earnings | Tax on Share Market Income | Tax on Fu0026O Trading in Budget 2025 7.01
Income Tax on Stock Market Earnings | Tax on Share Market Income | Tax on Fu0026O Trading in Budget 2025
MyOnlineCA
12 views
Income Tax on Foreign Income | Income Tax on Foreign Remittance | TCS on Foreign Remittance 6.33
Income Tax on Foreign Income | Income Tax on Foreign Remittance | TCS on Foreign Remittance
MyOnlineCA
122 views
How to earn 1,000,000,000 credits per week in SWTOR? Darth Khan 2024 2.34
How to earn 1,000,000,000 credits per week in SWTOR? Darth Khan 2024
Darth Khan
5 views
Expert Gives Advice on Child Tax and Earned Income Tax Credits 9.15
Expert Gives Advice on Child Tax and Earned Income Tax Credits
theGrio Politics
1 views
What income will I get from a £100K PENSION POT? - Retirement income explained (is £100,000 enough?) 12.39
What income will I get from a £100K PENSION POT? - Retirement income explained (is £100,000 enough?)
Money to the Masses
29 views
What is Tax on Salary Income | How to Calculate Tax on Salary | Calculate Withholding Tax on Salary 7.22
What is Tax on Salary Income | How to Calculate Tax on Salary | Calculate Withholding Tax on Salary
Enzay Tutorials
17 views
UK Income Tax Explained (UK Tax Bands u0026 Calculating Tax) 9.54
UK Income Tax Explained (UK Tax Bands u0026 Calculating Tax)
That Finance Show
68 views
NEW Income Tax Calculation 2025-26 | Tax Slab Rates for Old u0026 New Tax Regime (Examples) 16.38
NEW Income Tax Calculation 2025-26 | Tax Slab Rates for Old u0026 New Tax Regime (Examples)
FinCalC TV
148 views

Popular Tags

VERIFIED PARTNER
Work at Pickup Points (PVZ)
Official employment • Training provided • Career growth
Looking for a job? Check our Telegram channel