KWB Blog

The latest financial news and accounting tips from KWB.

Nov 29 2016
OAS Benefits

What is the value of deferring my OAS benefits, sometimes also called OAS pension, to a future year? There are several reasons why you might want to defer your OAS benefits, such as: 1)     Based on current and future sources of income you may be able to keep thousands more. 2)     You’re planning to work past 65 […]

Oct 6 2015
Deciding when it’s time to start taking your CPP retirement benefits

You can start receiving CPP pension benefits when you reach age 65 (the month after your 65th birthday) which will entitle you to a full CPP benefit depending on how much and how long you have contributed to the CPP. However, you have the following choices: Take a reduced CPP retirement pension as early as […]

Sep 29 2015
The Enlightened Investor – Moving Small LIRA’s to Your RSP

When you have a job transition, you may transfer your pension plan savings to a locked-in-retirement account (LIRA). LIRA’s are similar to Retirement Savings Plans (RSP’s) but with more restrictions. Adding another investment account will also add extra administration to managing your retirement savings. Alberta pension legislation allows people age 50 or older to transfer […]