In 2024, your maximum monthly CPP amount if you start your pension at 65 is $1,364.60. The average amount paid each month for a new retirement pension at age 65 in April 2024 was $816.52.

The year’s maximum pensionable earnings under the Canada Pension Plan for 2025 will be $71,300, up from $68,500 in 2024, the ...

If you're retired, keep an eye on your bank account — your next Canada Pension Plan (CPP) payment will be deposited this week ...

For 2025, the maximum monthly amount you could receive if you start your pension at age 65 is $1,364.60. The average monthly ...

Do all the advice articles about waiting to take CPP at age 70 take into account the calculation of your eligible amount if ...

The holidays can be tough on your bank account. Fortunately, Canadians can expect some extra money from the government in ...

Employee and employer CPP contribution rates for 2025 remain at 5.95%, and the maximum contribution will be $4,034.10 each—up from $3,867.50 in 2024. The self-employed CPP contribution rate remains at ...

The chart below shows the cumulative amount to be paid out in future years to someone who is turning 65 this coming November. If they start their CPP in December, and receive the maximum ...

To receive more or an amount near the CPP maximum benefit, generate investment income. Besides the high dividend offers, both are steady performers in 2024. Given the average yield of 7.4% ...