Tax Strategies

Tax Managed Investing – Strategy #8

Little Known Facts About the Canada/Quebec Pension Plan

For Canadians at or nearing retirement, the Canada/Quebec Pension Plan (CPP/QPP) remains a bit of a mystery. Many people realize they’ve been contributing to it for a good portion of their lives, but may not be sure how much they will receive at retirement.

Furthermore, there is often some confusion as to whether it is a better strategy to begin drawing pension income early at age 60, or wait until age 65. What follows are some facts that shed some light into the “black hole” know as the CPP/QPP.
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