2 min
Can OAS clawback be avoided?
For high-income Canadian retirees, the Old Age Security (OAS) recovery tax—commonly known as the 'clawback'—can significantly reduce this valuable benefit. This income-tested mechanism means that as your income surpasses a certain threshold, your pension benefits are gradually reduced. But can OAS clawback be avoided? The answer lies in careful, strategic financial planning.
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Healthy Aging