Wednesday, January 31, 2024

I missed this back in October, did you?

 If you live in Canada there is a new way of accessing services for seniors, and all Canadians, in planning for a secure and dignified retirement.

 Canadians considering retirement can now take advantage of new and improved tools to help make informed decisions regarding retirement planning and retire with confidence and peace of mind.

Service Canada launched the Retirement Hub (https://retraite-retirement.service.canada.ca/en/home)  - a new, user-friendly, online tool that provides a simple and improved experience for Canadians planning their retirement. It will help Canadians with planning, applying for and receiving retirement income benefits like the Canada Pension Plan, Old Age Security, and the Guaranteed Income Supplement.

A key feature of this online tool is the Retirement Ready Quiz. By answering a series of questions, the quiz gives you a personalized checklist to help you prepare for retirement.

 Canadians also now have access to an improved version of the Old Age Security Benefits Estimator on Canada.ca. This version introduces new features, including spousal estimates, the partial Old Age Security pension and the additional Guaranteed Income Supplement.

In a few easy steps, you can find out if you are eligible and get an estimate of how much you may be entitled to, based on your personal circumstances, for Old Age Security, the Guaranteed Income Supplement, the Allowance and the Allowance for the Survivor.The OAS Benefits Estimator provides you with an automated estimate instead of trying to navigate and interpret a series of OAS tables manually.

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