URGENT New 2026 OAS Clawback Updates Every Canadian Senior Should Know Before Filing Taxes.

Описание: IMPORTANT UPDATE for Canadian Seniors – 2026 OAS Changes Explained
Many Canadian seniors are unaware that adjustments to the 2026 Old Age Security (OAS) clawback rules may significantly affect their retirement income. Recent updates to income calculation methods mean that some retirees could see reduced benefits — or lose OAS entirely — depending on their 2025 income.
At Seniors Benefit Hub, we focus on explaining benefit changes clearly and responsibly so you can make informed decisions before filing your taxes.
The 2026 updates expand how income is assessed for OAS recovery. Income sources that previously had little or no impact may now be included, which is why reviewing your situation before the April 30 tax deadline is so important.
Key Changes to Be Aware Of: • Certain RRIF withdrawals above required minimums may now affect OAS recovery
• Capital gains from selling cottages or investment properties can trigger clawbacks
• Some foreign pension income is now included in income calculations
• Changes to dividend treatment may impact benefit eligibility
• Updated thresholds could affect over 350,000 Canadian seniors
2026 OAS Recovery Thresholds (Projected): • Income above $90,997: OAS reduced by 15 cents per dollar
• Income around $148,065: OAS fully eliminated (approx. $8,000 per year)
• Couples may face combined losses exceeding $16,000 annually
Information Referenced In This Video: ✓ Service Canada benefit documentation
✓ Department of Finance threshold updates
✓ CRA income reporting and verification guidance
✓ Data from licensed financial and tax professionals
These changes are not about panic — they are about preparation. Understanding how your income is calculated can help prevent unexpected benefit reductions and allow time to explore legal planning options.
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Our upcoming video will explain practical, legal strategies Canadian seniors use to manage income and reduce OAS clawback exposure for 2026.
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Disclaimer :
This video by Senior Benefits Hub is for general education and awareness only.
It does not provide financial, legal, or tax advice.
Always verify information through official Government of Canada or CRA sources before making decisions.