Question: For retirees, the most important difference between CPP and OAS is that: a. Only OAS is indexed for inflation. b. Only OAS is based on

For retirees, the most important difference between CPP and OAS is that:

a. Only OAS is indexed for inflation.

b. Only OAS is based on income earned each year relative to the YMPE.

c. Only CPP can be taken early at a reduced amount.

d. Only CPP can be deferred to receive an increased monthly amount.

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