Question: Michelle received $ 1 2 , 8 7 5 . 1 6 in OAS pension income in 2 0 2 4 . Her total income

Michelle received $12,875.16 in OAS pension income in 2024. Her total income for 2024 was $114,000. For 2024, the minimum income threshold is $90,997.
a. What is her monthly OAS clawback? Please explain step by step.
b. What is the clawback period?
c. Assuming that her OAS payment does not increase with inflation, what is Michelles new OAS payment? Please explain step by step.
d. At what level of 2024 income would she have her entire OAS benefit clawed back?

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