The Guaranteed Income Supplement (GIS) is a very helpful, tax-free supplement for low income seniors. The amount you receive will depend on a number of factors, but is mostly driven by your taxable income, not including OAS.
Planning around GIS in early or later retirement can be very crucial in making the most of what money you may have, which can significantly improve one's retirement.
If you have questions about GIS, or how to structure your investments to enhance your government pension options. Please feel free to reach out to us anytime at info@k4financial.ca
Do you have more questions that have been unanswered? Would you like to understand your finances better?
k4financial.ca
or email info@k4financial.ca
K4 is the home of the $500 plan- a new, better option for the average Canadian.
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DISCLAIMER: All content being published on this platform are for informational and entertainment purposes only, and do not constitute formal financial, accounting, nor legal advice. Kent Tilley does not hold formal education nor registry to be held accountable for any professional recommendations - those in need of formal financial advice/ planning must seek help from licensed professionals. Kent takes pride in the sense of freedom, satisfaction, fulfillment, and empowerment that financial competence that he has built through conscious management of his family’s money. With this, there is no guarantee that the overall content found here are appropriate or applicable for every individual. By proceeding, you agree to hold Kent harmless from any ramifications, financial or otherwise, that may occur to you by acting upon the information found on this platform.
27 май 2024
