retirement income Canada

$2,500 CPP Deposit Coming April 28: Who’s Eligible for the Full Amount?

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$2,500 CPP Deposit Coming April 28: Who’s Eligible for the Full Amount?

A lot of buzz is circulating about a $2,500 Canada Pension Plan (CPP) payment scheduled for April 28, 2025. Let’s clear up the confusion: this isn’t a new federal program or a special one-time bonus for all retirees. Rather, it’s a combination of regular monthly benefits—CPP, Old Age Security (OAS), and the Guaranteed Income Supplement … Read more

Could You Receive $3,000 Monthly from the CRA? Check Eligibility and Payment Dates

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Could You Receive $3,000 Monthly from the CRA? Check Eligibility and Payment Dates

Yes, it is entirely possible for Canadian seniors to receive more than $3,000 per month from the Canada Revenue Agency (CRA) in 2025. This amount typically results from combining three core government benefits: the Canada Pension Plan (CPP), Old Age Security (OAS), and the Guaranteed Income Supplement (GIS). However, your total monthly benefit depends on … Read more