Retirement Funding: Making The Most of GIS and CPP Benefits

I had the great privilege of again being asked to write a guest post for Cut The Crap Investing (CTCI). CTCI is a fantastic resource for Canadians interested in low-fee investing. Below is an excerpt and link to the article.

Canada’s tax and benefits system is a convoluted tangle of programs, rules and exceptions that can be a genuine challenge to navigate. Like all complex systems, having some knowledge of how it works often reveals opportunities to benefit. And as a taxpayer, it only makes sense to ensure that we are accessing all the benefits our tax contributions have made possible.

One of the greatest areas where this type of planning pays off is in structuring your early-retirement income to maximize pension benefits. Here we will be looking at two benefits in particular, the Guaranteed Income Supplement (GIS) and the Canada Pension Plan (CPP)…..

Read the rest of the article at Cut The Crap Investing

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