Your RESP can stay open for 35 years — don't panic if your kid skips college right now. Transfer to a sibling, roll $50K into your RRSP tax-free, or wait. The exact math on contributions, grants, and AIP penalties before you cancel.
OAS at 65: $743.05/month. OAS at 70: $1,010.55/month (+36%). Break-even age: ~84. OAS clawback starts at $95,323 in 2026. GIS income test: ~$22,500. Complete deferral calculator with tables and the 1% who actually delay.
5 CRA payments in June 2026: GST top-up (June 5), OTB (June 10), Disability Benefit (June 18), CCB (June 19), CPP/OAS (June 26). Seniors get up to $2,325.01. Full checklist to confirm you're missing nothing.
Government benefits Canadian seniors miss 2026: GIS up to $1,086.88/month (single), Allowance $1,409.72, Survivor Allowance $1,680/month. Plus CPP $1,507.65, OAS $743.05. How to apply + 11 months retroactive.
RESP government grants Canada 2026: CESG up to $7,200, CLB $2,000 free (no contribution needed), BCTESG $1,200, QESI $3,600. Note: SAGES fully discontinued in 2023. Catch-up strategy guide included.
Retirement income planning Canada 2026: CPP max $1,507.65/month, OAS $743.05/month. Clawback at $95,323 (not $90K). RRSP meltdown strategy, withdrawal sequencing, breakeven age 82-83 for delayed CPP.
OAS clawback 2026: starts at $93,454 (2025 income) or $95,323 (2026 income). OAS $743.05/month. TFSA strategy, pension splitting, deferral to 70 (+36% = $1,010/month). Complete avoidance guide for Canadian retirees.
Bank account frozen over cash deposit Canada: $10K+ triggers automatic FINTRAC report. Why accounts get frozen, 4-step unfreeze guide, and Bill C-12 2026 changes that make banks more cautious than ever.
EI running out Canada 2026: $729/week maximum, long-tenured worker extension until Oct 10, provincial assistance options, and smart money moves when benefits end. Complete action plan.
RESP backdated contributions Canada 2026: catch up on missed CESG grants by contributing $5,000/year ($1,000 in grants). Age 15 rule, BC BCTESG, and complete catch-up calculator for late starters.