Retirement Income Sources Unveiled in Weekend Reading Edition
Toronto, Canada – Planning for retirement can be a daunting task, especially when considering the various income sources available. Understanding the pillars of Canada’s retirement income system is crucial for individuals preparing for their golden years. These pillars include benefits such as Old Age Security (OAS), Guaranteed Income Supplement (GIS), Canada Pension Plan (CPP), and personal retirement savings like Registered Retirement Savings Plans (RRSPs) and Tax-Free Savings Accounts (TFSAs). The first pillar, funded by general …