Tag: Pension Plan

An In-Depth Look At Your Canadian Pension Plan (Ep. 53)

An In-Depth Look At Your Canadian Pension Plan (Ep. 53)

One of the biggest cornerstones to retirement income planning is knowing the Canada Pension Plan (CPP) and what your duties are associated with it. When planning for retirement, many people want to make sure they are setting themselves up for total security in their retirement. 

When it comes to retirement, its common to have questions like how much will you receive as your pension based on your contribution, the process of how much money from your current job is going into your retirement, and many more.

In this episode, Kris Dureau talks about the things you may not know about your retirement, helping you better understand what to look forward to once you decide to take out your pension. 

Kris discusses:

  • The reality of monthly payments once you start taking pension in your retirement
  • The meaning of Yearly Maximum Pensionable Earnings (YMPE) 
  • Your monthly CPP payment estimates and how to find that information
  • Contributing to your CPP while being self-employed
  • Factors that will affect your retirement
  • And more!

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The Ins and Outs of Pension Planning (Ep. 44)

The Ins and Outs of Pension Planning (Ep. 44)

Whether you’re retiring or changing jobs, remember to always have your pension plan in mind.

In this episode, Kris Dureau helps out the 37% of Canadians who still have pension plans. With an all-time high of employees moving jobs, here is how you can start planning around the options you have so you can get the most out of your employee pension.

Kris discusses:

  • The types of pension plans
  • What happens to your pension if you leave your job
  • What you should know about withdrawing from your pension before retirement
  • Taxable pension plans
  • And more!

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