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Canada Supplementary Form

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Instructions and help about canada supplementary information

in this video I'm going to share with you five strategies to increase your GIS benefits your guaranteed income supplement by up to a hundred thousand dollars or more in retirement now GIS or guaranteed income supplement is a very generous government benefit at its maximum it's worth well over a ten thousand dollars per year for individuals and couples but it is quickly reduced by GIS clawbacks GIS callback can be anywhere from 50 to 75 percent any taxable income CPP RSP Rift withdrawals pension income will reduce GIS benefits by 50 to 75 percent so for example if you took a thousand dollars out of your rrsp or riff you would see your GIS benefits go down by 500 to 750 dollars the following year GIS callbacks are very important now with a few strategies we can reduce the effect of GIS Club acts and we can increase GIS benefits by up to a hundred thousand dollars or more over the course of a plan now my name is Owen I'm an advice only financial planner a cfp and I

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