2024 CPP - CANADA PENSION PLAN: Pensions For Canadians

Are you approaching retirement and looking to maximize your sources of income? If so, you may be interested in learning about the Canadian Pension Plan (CPP). As one of the primary sources of retirement income for Canadians, CPP can provide a stable foundation for your retirement income.

But how does the CPP program work, and how can you qualify for it? What amount of income can you expect to receive from it? In this must-see video, we'll answer all of these questions and more.

We're not stopping there, though. In fact, we're just getting started. This is the first video in our exciting new mini-series on the CPP. In our next video, we'll walk you through everything you need to know about CPP contributions and how they affect your retirement income.

And that's not all. In our third video, we'll share expert tips and strategies to help you maximize your CPP benefits. With our help, you can optimize your retirement income and enjoy greater financial security.

So what are you waiting for? Don't miss out on this valuable information. Tune in to our mini-series on the CPP and take control of your retirement income today!

DISCLAIMER: The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Hervin Pesa does not provide investment advice and recommendations - For your own financial situation be sure to seek your trusted professional. Hervin is not responsible for investment actions taken by viewers and his content should not be used as a basis for investment trades.

[FairyFarAway]

I am happy with my cpp, after contributing for 44 years…..

[gloriabautista]

it depends on the employer contibution to have a bigger cpp but if not thats the reason

[eugenesiemaszko]

Hello Hervin I'm in Canada for over 41, 5 years I'm 72 years and I'm getting OAS $ 606.34 per month what I should do to get maximum OAS $ 713, 00 per month what I should do ?please let me now, thank You

[garyfeser]

Question sir, you mentioned up to 8 years of lower earnings would be dropped off of your total working years of contributions which in turn may help your monthly benefit, us this done automatically when you apply or is this something you have to make sure is adjusted for?...hope I am clear in my question lol

[KUANTATHONGSACK]

Hi, thanks for the video! I am 61 years old and have just retired a couple of months ago. I am melting down on my RRSP and am wondering if I should apply for CPP now. As per the CRA site, I will be receiving $290 more if I were to start taking CPP at age 65.

[riameg]

Hello, it’s now March 18, 2024, no deposit yet!

[janettehinsperger]

I see many times say will cpp rinse but never true huh

[jamesagyekum]

Since the contribution is my money, why am I not allowed to take out the full contribution out in one lump sum if I so choose?

[princesssela]

The view it is unfair to future generations is no more unfair than it was to the now seniors of today. They have paid all of their lives just to receive a pittance. Your view depends on which side you are on.

[starvinmarvin]

What if my wife is Indonesian and we are in Indonesia and I die does she get survivor benefits and we’ve been married over a year five years now and I haven’t retired yet

[sokhakeang]

Hello Hervin
I come to Canada since May 22, 1985 now Because I los my job and I turned 62 years old I decide to apply for for CPP and I just got my first paycheck on March 26, 2024, but what don't understand is why I got only $232.86 on my paycheck, But their is 2 thing I have to tell you one I am not work all the time I work between 2 to 4 or 6 years am off then work again then off thing like thatk, I have 4 kids but I separated from my wife along time isn't something to do with that, I would appreciate it if you could explain to me why.
Thanks so much.

[mokhlesurrahman]

Avoid bothering noise please, it hurts eardrums.

[rhpaltoo]

We don’t have CPP in Quebec. Does not affect Quebecers.

[Inderroopra]

Why people who NEVER WORKED IN CANADA should get any cap or oasTHIS VERY UNFAIR PEOPLE WHO WORKED OVER 40 years

[janicedrexler]

I agree that if you haven’t paid into CPP, you shouldn’t get it

[gloriabautista]

dont work under the table so you can get the whole thing

[catherinemackley]

I’m also from Alberta, myself and everyone else I know here do not want to split from CPP. However we do want to split from Danielle Smith. She’s like a Trump of the north🤬

[simonsze]

We shouldn't pay double CPP funds to retirees. It's a burden to our children's who pay a lots of income tax. Is unfair to our childrens. There are many mainlanders at the ages of 65 years without contribution enjoying OAS funds. We must stop it.

[dennisvestby]

corrupt, corrupt, corrupt, from start to finish. ???

[russyoung]

I'm happy so far the amount of money l get is acceptable thanks to the liberal Government