As costs keep rising across Canada, many retirees are struggling to cover their monthly expenses. The good news is that Canadian seniors aged 65 and older could receive more than \$3,000 per month by combining three key government programs: the Canada Pension Plan (CPP), Old Age Security (OAS), and the Guaranteed Income Supplement (GIS).** These … Read more
For thousands of retirees across Canada, the Old Age Security (OAS) pension remains one of the most important lifelines in retirement. It is dependable, inflation-adjusted, and paid monthly, helping seniors cover essentials like food, utilities, and housing. But while OAS may feel automatic, it is not untouchable. The Canada Revenue Agency (CRA) keeps close watch … Read more
Canadian retirees have fresh reassurance this summer. Beginning July 2025, the federal government has announced a modest increase to Old Age Security (OAS) benefits, bringing much-needed relief to seniors grappling with rising living expenses. Those aged 65–74 will now receive \$735.35 per month, while individuals aged 75 and older will collect \$808.44. The change reflects … Read more
For millions of Canadian seniors, 2025 has brought some encouraging news. The Canada Pension Plan (CPP) has officially raised its maximum monthly retirement benefit to \$1364, up from \$1306 in 2024. This \$58 monthly increase—equivalent to nearly \$700 a year—arrives at a time when inflation and rising living costs are stretching the budgets of retirees … Read more
The Canada Revenue Agency (CRA) has officially confirmed that eligible low-income workers will receive up to \$1428 per quarter under the Canada Workers Benefit (CWB) in 2025. This marks one of the largest direct support measures available to working Canadians who are struggling to keep up with rising living costs. Over the course of the … Read more
With inflation continuing to squeeze retirement incomes, Canadian seniors are more eager than ever for relief. Lately, rumors have spread like wildfire across social media claiming that Canada Pension Plan (CPP) recipients will receive a \$1200 one-time payment in July 2025, along with a \$600 increase in their monthly pension. Videos, posts, and blogs claim … Read more
With inflation squeezing fixed-income households, many Canadian seniors were surprised to see headlines about a \$969 monthly Old Age Security (OAS) pension payment arriving in July 2025. Social media buzzed with questions—is it real, is it new, and will everyone receive it? The short answer: it’s real for some, but it’s not a universal payout. … Read more
For millions of older Americans, Social Security is the backbone of retirement income. Roughly 4 in 10 people over 65 depend on it for at least half of their monthly income, according to AARP. For many, it is the only steady stream of money after leaving the workforce. But while the federal government already taxes … Read more
In August 2025, millions of Americans who rely on Supplemental Security Income (SSI) will receive two payments instead of one. While this might sound like a surprise bonus, the Social Security Administration (SSA) has clarified that it is a simple scheduling adjustment due to the calendar. Because September 1, 2025, falls on Labor Day, a … Read more
For millions of older Americans, Social Security checks are more than just monthly deposits—they are lifelines. Yet, a recent nationwide survey shows that 63% of seniors are unhappy with their Social Security benefits, citing rising living costs, medical bills, and housing expenses that outpace the modest adjustments made each year. With 73% of seniors relying … Read more