CRA Boosts OAS & CPP Payments for Retirees | June & July 2025 Amounts Revealed!

Описание: Canada Pension Plan & Old Age Security Increase 2025 | Retirement Ready with Sarah Mitchell

Are you ready for the latest updates on Canada’s retirement benefits? In this video, Sarah Mitchell breaks down the upcoming 2025 increases to the Canada Pension Plan (CPP) and Old Age Security (OAS) payments. Whether you're a retiree, soon-to-be retiree, or planning your financial future, this detailed guide will help you understand exactly what these changes mean for your monthly income and overall retirement security.

What you’ll learn:

How much CPP and OAS payments will increase starting June and July 2025

What these increases mean for your day-to-day expenses and purchasing power

Eligibility requirements for full and partial pensions

How the Government adjusts benefits to keep pace with inflation

Key dates to remember for payment updates

What the Guaranteed Income Supplement (GIS) means for low-income seniors

How to ensure you’re receiving all the benefits you’re entitled to

Stay informed and empowered as you plan for a financially secure retirement. Don’t forget to subscribe to Retirement Ready for ongoing updates, tips, and expert advice on retirement planning and financial security in your golden years.

Timestamps:
0:00 Welcome & Overview
1:30 What is CPP & OAS?
4:20 Why Pension Increases Matter
6:10 Details on 2025 OAS Increase
8:45 Details on 2025 CPP Increase
11:30 How Inflation Impacts Benefits
14:00 Guaranteed Income Supplement (GIS) Update
16:30 How to Receive Your Increased Payments
18:00 Final Thoughts & Next Steps