Most CPP users receive the average pension but have ways to boost their retirement income. The post Want the Maximum ...

Each year, most income tax and benefit amounts are indexed to inflation. The CRA announced that the inflation rate that will ...

Holding iShares S&P/TSX Capped Composite Index Fund (TSX:XIC) in a TFSA can supplement your CPP. The post 3 Reasons Your CPP ...

The CPP is an excellent tool for retirees, but be sure to stay on top of important updates like these. The post CPP ...

In 2024, your maximum monthly CPP amount if you start your pension at 65 is $1,364.60. The average amount paid each month for a new retirement pension at age 65 in April 2024 was $816.52.

As a result of enhancement, the CPP board projects it will be able to increase benefits from 25% of an average pensioner’s working income to 33%. Reason #3: The maximum amount of CPP you can ...

Employee and employer CPP contribution rates for 2025 remain at 5.95% and the maximum contribution will be $4,034.10 each, up from $3,867.50 in 2024. Self-employed individuals pay both the employee ...

CNW/ - What's new? In 2024, a second earnings ceiling was introduced, the Year's Additional Maximum Pensionable Earnings (YAMPE). The YAMPE is used to d ...

The amount of your CPP retirement pension depends on different factors, such as: the age you decide to start your pension how much and for how long you contributed to the CPP your average earnings ...