CPP Changes - Should You Take it Early?

posted Jul 21, 2011, 9:00 AM by Janelle deRocquigny   [ updated Jan 28, 2016, 10:56 AM ]

Many clients already know that if they decide to take their Canada Pension Plan (CPP) benefits early the pension will be subject to a .5% per month penalty for every month they take the pension before they turn age 65. This video provides our perspective on the option of taking CPP early. As well, beginning in 2012 there will be changes to CPP benefits that you need to be aware of. Curious for more information? Click here for the video explaining these changes.

As always, if you would like to discuss how this will affect your financial situation, simply contact the office jderocquigny@assante.com or call 977-8049 in order to set a telephone appointment with Shaun.

Of possible interest:

CPP Change Summary document