Claw-Back and Pick-Up—The Canadian Charger

Two terms that are useful in looking at the impact of social programs are claw-back and pick-up. Let’s illustrate. If a person receiving the Old Age Pension has revenue beyond a certain level, part of the Old Age Pension...

Payments – Our latest explanation!

Hopefully you don’t go to sleep at night wondering how to explain payments from RDSPs. We do!!! It would be easy to take the attitude – “It’s complicated.  I’ll learn it when I need to.”  At PLAN, we don’t...