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Title:What Happens To Your CPP & OAS If You Retire Abroad?
Duration:18:14
Viewed:203,423
Published:20-09-2021
Source:Youtube

Fee for service financial planning: https://www.parallelwealth.com/ffs Resources for more information: - https://www.canada.ca/en/revenue-agen... - https://www.canada.ca/en/revenue-agen... - https://www.canada.ca/en/revenue-agen... When retiring abroad, there is a lot that goes into that decision. Over the next several weeks we'll look into different topics about retiring abroad. In this video, we'll go through how your CPP & OAS is affected. If you have any further questions about this video's topic or any financial planning questions in general, I encourage you to find a certified financial planner in your area or book a consultation with us to get your savings plan on track.  You can learn more about our services at https://www.parallelwealth.com/planning or email Info@Parallelwealth.com 6 ways to level up your financial plan: Personal Finance for Canadians for Dummies: https://amzn.to/308jzic Free Credit Report with Borrowell: https://borrowell.com/free-credit-sco... Open an EQ Bank Account: https://join.eqbank.ca?code=ADAM8851 Financial Calculator I use: https://amzn.to/3qiFf6m Financial Masterclass for Canadians: https://www.parallelwealth.com/master... 20% off an online Will at www.willful.co use promo code: PWFG OUTLINE: 0:00 - Introduction 2:30 - Tax Treaties 3:20 - OAS Qualifications 6:00 - OAS Payments 6:37 - Taxes On OAS Payments 8:32 - OAS Clawback 10:57 - GIS / OAS Allowance 12:23 - CPP Intro 13:13 - Withholding Tax CPP 14:27 - CPP Survivor Benefit / Child Benefit 15:00 - Receiving Payment 16:43 - Summary ----------------------------------------- DISCLAIMER: The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Adam Bornn is not registered to provide investment advice and as such does not provide recommendations - those looking for investment advice should seek out a registered professional. Adam is not responsible for investment actions taken by viewers and his content should not be used as a basis for investment trades.

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