Q1. Ingrid is considering several scenarios with respect to her retirement. Based on her contributory period, when
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Q1. Ingrid is considering several scenarios with respect to her retirement. Based on her contributory period, when she turns 65 years of age in 2024,shewill beentitled toa monthlyCPP pension of$800. If she chooses to retire on the day that she attains 63 years of age, what would be her estimated maximum monthly retirement benefit from CPP if each month she chooses to retire early is reduced by 0.6%?
Q2. If the OAS clawback threshold is $ 77,580 and Jasmin expects to have a net income of $95,300, which includes $7,200 inOAS benefits. How much ofJasmin's OAS benefitwould be subject tothe clawback?
Related Book For
Finance For Executives Managing For Value Creation
ISBN: 9781473749245
6th Edition
Authors: Gabriel Hawawini, Claude Viallet
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