OAS Clawback Warning The $95,323 Trap Every Canadian Senior Must Avoid

Описание: 🚨 OAS CLAWBACK ALERT: If Your Income Hits $95,323, the Government Will Start Taking Back Your Old Age Security Benefits — Here's Exactly How Much You Could Lose in 2026

Thousands of Canadian seniors are unknowingly triggering the OAS recovery tax every year—and it's costing them hundreds or even thousands of dollars in lost pension income. The clawback threshold for 2026 is $95,323, and once you cross that line, the federal government begins recovering 15 cents of every dollar in OAS benefits above that amount.

This affects middle-income retirees with workplace pensions, RRIF withdrawals, CPP payments, rental income, or investment income. If you're earning between $98,000 and $160,000 annually, you need to understand how this clawback works—and what you can do to protect your retirement income. In this video, Joseph breaks down the OAS recovery tax, who it affects, how much you could lose, and the strategies you can use to reduce or avoid the clawback entirely.

✅ What you'll learn in this video:
✔ What the $98,400 OAS clawback threshold means for Canadian seniors in 2026
✔ How the OAS recovery tax is calculated and how much you could lose
✔ Who is most affected by the clawback (retirees with pensions, RRIFs, investments, or part-time income)
✔ Real examples showing how income over $98,400 reduces your OAS benefits
✔ Income sources that count toward the clawback (CPP, pensions, RRIF withdrawals, rental income, dividends)
✔ Why some retirees lose their entire OAS payment at $160,000+ in income
✔ Income-splitting strategies to keep both spouses below the threshold
✔ How delaying OAS to age 70 can offset clawback losses
✔ Why TFSA withdrawals don't trigger the clawback (but RRIF withdrawals do)
✔ Strategic RRIF withdrawal planning to avoid pushing your income over the limit
✔ Common mistakes that cause accidental clawbacks (and how to avoid them)
✔ What the government's long-term policy direction means for future OAS benefits

⚠️ IMPORTANT:
This video is for educational and informational purposes only. It is not financial, legal, or tax advice. The OAS clawback threshold, tax rates, and benefit amounts are subject to change by the federal government and Canada Revenue Agency. Always consult with a certified financial planner, accountant, or tax professional before making decisions about your retirement income, RRIF withdrawals, pension splitting, or OAS deferral. Every individual's financial situation is different, and what works for one retiree may not be appropriate for another.

📌 Timestamps:
0:00 – Introduction: The $98,400 OAS Clawback Trap
3:45 – What Is the OAS Recovery Tax and How Does It Work?
9:20 – Who Is Affected by the OAS Clawback in 2026?
14:55 – Real Financial Impact: How Much You Could Lose
18:30 – Strategies to Reduce or Avoid the OAS Clawback

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