Sentences with phrase «dreaded old age security»

Watch out for the dreaded Old Age Security clawback once you've started collecting government benefits.

Unfortunately, there's a complication if you're 65 or older and subject to the dreaded Old Age Security (OAS) clawback, which applies to seniors with incomes of $ 67,700 and above.

Not exact matches

By the same token, if your salary is relatively low and you want to maximize future sources of government retirement income like Old Age Security and / or the Guaranteed Income Supplement, then again the TFSA is compelling: all withdrawals will be totally tax free and not trigger dreaded «clawbacks» of OAS or GIS.