CPP Retirement Pension Sharing

April 20, 2022 | Charles W. Cullen III


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You may be able to share your Canada Pension Plan (CPP) retirement benefits with your spouse to reduce your family's overall taxes.  By applying to share your pensions, the lower income spouse can receive a portion of the higher income spouse's retirement pension and pay tax on that pension income at their lower marginal tax rate. For more information on this or for other retirement strategies, please reach out.

 

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