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Author: Lee Tang
Publisher:
ISBN:
Category : Finance, Personal
Languages : en
Pages :
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Author: Lee Tang
Publisher:
ISBN:
Category : Finance, Personal
Languages : en
Pages :
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Book Description
Author: Lee Tang
Publisher: LMT Press
ISBN: 0994764014
Category : Business & Economics
Languages : en
Pages : 124
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Book Description
Get the Most Out of Your Canadian Government Pension! Are you getting everything you can from the government? The public pension system is complex and often changes, which means many people are not claiming money that they’re entitled to. Could you use more money to pay your bills? Do you know all of your options for maximizing your pension? Many people missed out on government pensions because they failed to take action to maximize their benefits. Read this book to make sure you’re not missing out on benefits that could help you pay your bills. Did you know? * Government pensions are not automatic. You have to apply for it. * You do not have to stop working to receive your government pension. * You may be eligible for government pensions from Canada even if you are living abroad and have never worked in Canada. * You may have to pay back part or all of your Old Age Security pension if your annual income is higher than a certain level. It is also known as the OAS clawback. * Many people missed out on government pensions because they failed to take action to minimize the clawback. * You can minimize the clawback, maximize your pension, and save taxes by following a few simple and proven strategies. This book was written to help you get the most out of your government pensions. Inside you'll find everything you need to know about Canada's public pension system and the actions and strategies that you can take to reduce the clawback on your OAS pension. Specifically, you will learn: * What benefits are offered, how to qualify, and how to apply for it. * Why it is important to have an RRSP withdrawal strategy. * Why it is important to have a tax-efficient investment strategy. * How you can minimize the clawback, maximize your pension, and save taxes by following a few simple and proven strategies. Read this book and start getting the money you deserve!
Author: Bill Tufts
Publisher: John Wiley & Sons
ISBN: 1118098730
Category : Business & Economics
Languages : en
Pages : 231
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Book Description
The vast majority of Canadians are blissfully unaware that every man, woman and child in Canada now owes a $35,000 share of government debt and must pay this back, with interest! Make no mistake, this debt will change our country and affect every single Canadian in the decades to come. You may think you have planned for your retirement and are safe, but the government must find a way to recover this borrowed money, and they can only do that by raising your taxes and reducing your hard-earned benefits. How did this debt come about, and why can't we simply pay it off? Pension Ponzi lays the blame squarely at the feet of the politicians who refused to stand up to Canada's public sector unions. The fact is Canada's public sector, which accounts for 20% of the workforce, has been grossly overpaid relative to their counterparts in the private sector with cushy pensions paid for with your taxes and new debt. There is no denying that the country does not have the financial resources to ensure that the next generation of Canadians will have the same standard of living as the ones before it-or to support our growing seniors population. Meeting our public sector pension obligations will break the current social safety net that is a pillar of the Canadian way. Can you escape this bleak future? Can you afford to live longer? Nationally-recognized pension expert Bill Tufts and award-winning journalist Lee Fairbanks explore how this catastrophe came about and then suggest ways that government can fix what's broken, and how you as an individual can protect yourself from the financial calamity that is about to engulf Canada.
Author: CAW-Canada
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 24
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Book Description
Author: Zimmerman, Lillian
Publisher:
ISBN:
Category : Old age pensions
Languages : en
Pages : 12
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Book Description
Author: Charles Kramer
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 36
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Book Description
Like other transfer programs, a pay-as-you-go (PAYG) public pension system can have significant effects on economic behavior, and hence on relative prices and macroeconomic aggregates. 2 We illustrate some of these effects, which are important in weighing various options for the reform of public pensions, in the context of a stylized dynamic general-equilibrium model of life-cycle behavior. 3 Our analysis shows that the introduction of a public pension system can reduce aggregate saving, income, and wages and increase interest rates. It also shows that a significant part of the distortion caused by a public pension plan can result from the fact that benefits are not explicitly linked to contributions, and that creating such a linkage can reduce the distortions associated with the wage tax that funds the contributions to the plan.
Author: Bruce Little
Publisher: University of Toronto Press
ISBN: 0802098746
Category : Political Science
Languages : en
Pages : 417
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Book Description
Bruce Little explains the CPP overhaul and shows why it stands as one of Canada's most significant public policy success stories, in part because it demanded an almost unparalleled degree of federal-provincial co-operation.
Author: Axel Börsch-Supan
Publisher: University of Chicago Press
ISBN: 022667424X
Category : Business & Economics
Languages : en
Pages : 481
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Book Description
This ninth phase of the International Social Security project, which studies the experiences of twelve developed countries, examines the effects of public pension reform on employment at older ages. In the past two decades, men’s labor force participation at older ages has increased, reversing a long-term pattern of decline; participation rates for older women have increased dramatically as well. While better health, more education, and changes in labor-supply behavior of married couples may have affected this trend, these factors alone cannot explain the magnitude of the employment increase or its large variation across countries. The studies in this volume explore how financial incentives to work at older ages have evolved as a result of public pension reforms since 1980 and how these changes have affected retirement behavior. Utilizing a common template to analyze the developments across countries, the findings suggest that social security reforms have strengthened the financial returns to working at older ages and that these enhanced financial incentives have contributed to the rise in late-life employment.
Author: Olivia S. Mitchell
Publisher: University of Pennsylvania Press
ISBN: 9780812235784
Category : Business & Economics
Languages : en
Pages : 692
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Book Description
From the Pension Research Council of the Wharton School, this book explores the diversity of governmental pension plans and investigates how these financial institutions must change in years to come.
Author:
Publisher:
ISBN: 9780433489818
Category : Employee fringe benefits
Languages : en
Pages : 756
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Book Description
