What is CPP benefits sharing? The Canada Pension Plan (CPP) allows couples (married or common law) to apply to share their pensions equally. If one spouse’s benefits and tax bracket…
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Income Splitting
What is income splitting? Income splitting is a tax-reduction strategy in which a taxpayer divides income or wealth with lower-income family members so that income is taxed at lower rates…
Canada Pension Plan Strategies
What is the Canada Pension Plan? The Canada Pension Plan (CPP) is a federal social assistance program. Canadians pay into the program based on earnings while they are working and…