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Picture this - you’ve finally retired, and now you’re ready to start collecting those fat OAS cheques from the government, which can max out at $9,481 each year into your wallet. BUT, that ENTIRE amount can be clawed back by the government if you aren’t careful with it.
Let me show you how that works.
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• 5 RRSP Withdrawal Strategies to Save ...
Blog Post: https://blueprintfinancial.ca/how-to-...
Chapters:
00:00 Introduction
00:25 Overview of OAS Clawback (Recovery Tax)
02:02 1. Delay CPP
03:37 2. Delay OAS
05:51 3. Use Your TFSA (Flexible Option)
07:37 4. Pension Income Splitting
09:07 5. Manage RRIF Withdrawals
10:26 6. Invest Strategically in Non-Registered Accounts
11:50 7. Capture Capital Gains Before Age 65
Disclaimer: The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Neither Christopher Liew nor Blueprint Financial provide specific investment recommendations. For investment advice, please consult a registered professional. This channel is not responsible for any investment actions taken by viewers based on these videos.
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