Canada retirement benefits

CRA OAS Payment Update: Will You Get $2,254 in February 2025?

by
CRA OAS Payment Update: Will You Get $2,254 in February 2025?

The Canada Revenue Agency (CRA) is making headlines again with claims of a $2,254 Old Age Security (OAS) payment being disbursed in February 2025. But is this information accurate? Let’s break it down and verify the facts regarding this potential benefit for seniors, its eligibility, and the actual payment dates. What Is the OAS Payment? … Read more

Canada OAS Update: $2,120 Payment in February 2025 – Only These People Qualify

by
Canada OAS Update: $2,120 Payment in February 2025 – Only These People Qualify

As Canadian seniors navigate rising costs of living, the Old Age Security (OAS) payment remains a crucial lifeline for many. For February 2025, eligible seniors may receive up to $2,120, including supplemental benefits. But not everyone qualifies for this payment. Here’s a detailed guide to the eligibility criteria, payment date, and how to ensure you … Read more