CANADA JUST RAISED SENIOR PAYMENTS FOR MILLIONS — But One Income Mistake Can Cost You Your GIS

Описание: #canada
Canadian seniors are about to see a change in their monthly payments. On October 28, 2026, Old Age Security (OAS) and the Guaranteed Income Supplement (GIS) rise by 1.4%. In this video, we explain how the GIS works, what counts as income, what does not, and the common mistakes that can reduce a senior's payment.
We also answer a question many Canadians are asking: does Canada have a government retirement savings match like the one being introduced in the United States? We go through what RRSPs, TFSAs, and RESPs actually offer.
In this video:
• OAS and GIS amounts for October to December 2026
• The GIS income limits for singles and couples
• Which income counts for GIS, and which does not
• RRSP and RRIF withdrawals versus TFSA withdrawals
• The OAS recovery tax (clawback) threshold
• Why filing your tax return every year matters

Canadian seniors, OAS 2026, GIS 2026, Old Age Security, Guaranteed Income Supplement, Canada retirement, TFSA, RRSP, RRIF, OAS clawback, CPP, Canada pension update

Disclaimer:
This video is for informational and educational purposes only and does not constitute financial, legal, or professional advice.