Retirement and Pension
Understand tax rules for pensions, CPP, and income-splitting strategies in retirement.
By Arani1 author3 articles
- What is Pension Splitting?Eligible retirees can transfer up to 50% of pension income to a spouse, reducing household taxes by using lower tax brackets
- When Should I Consider Pension Splitting?Pension splitting can lower household taxes. Choosing it depends on your and your spouse's financial situation. Here's how to decide.
- What is the Election to Pay CPP?The election to pay CPP allows individuals with non-CPP income to contribute voluntarily, helping build pension and benefits eligibility.