Changes to the Canada Pension Plan - podcast episode cover

Changes to the Canada Pension Plan

Sep 16, 202428 minSeason 1Ep. 142
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Episode description

I am altering the pension. Pray I don't alter it any further. This week we talk about the continued roll out of changes to the Canada Pension Plan and how in 40 years you might get more money in retirement. Who qualifies for the best version of this plan, why is there now a two-tired structure and other useful facts about your government mandated forced savings plan that will “never” be used on public sector spending ever again.


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Useful Resources:


CPP Enhancement: https://www.canada.ca/en/revenue-agency/news/2023/05/the-canada-pension-plan-enhancement--businesses-individuals-and-self-employed-what-it-means-for-you.html

Changes to the Canada Pension Plan | It's Personal Finance Canada podcast - Listen or read transcript on Metacast