HELP WITH FINANCES
We have pulled together information for you that others, like you, have requested over the years. If there is anything you are looking for that is not on our website, please contact us.
Don’t forget to use SeniorsNL’s search box!
NEW: Taking CPP early can cost you $100,000 and limit your long term options
Starting Canada Pension Plan benefits at the age of 60 instead of delaying to 70 is on average like taking a pass on $100,000 of retirement income.
Introducing the Lifetime Loss calculation, a new way of looking at the advantage of delaying CPP retirement benefits. Instead of telling people how much they might gain by delaying, Lifetime Loss shows how much money they could leave on the table by starting as early as 60.
The Canada Revenue Agency announces an extension to the payment deadline and offers interest relief on outstanding tax debts during the COVID-19 pandemic
Everything You Need to Know About COVID-19 and Your Finances- what new support is available and do you qualify?
FROM Canada Mortgage and Housing( CMHC) Click here to see how you may be able to access support and resources , for home owners to Renters and everything in between
.Are You Missing Out on Financial Support??
There are seniors in our province who are missing out on getting additional financial support through the Guaranteed Income Supplement. If you are receiving the Old Age Security Pension ( OAS) check to see if you qualify and please pass this along to other seniors. Check to go to the Service Canada site and apply whether or not you think you qualify.
FRAUD AND SCAM ALERT!!
Please learn more about the types of scams and frauds to protect yourself. Download The Little Black of Scams from the Government of Canada