Canada’s OAS Payment Update for 2025 – $978 Monthly for Eligible Seniors

Canada’s OAS Payment Update for 2025 – $978 Monthly for Eligible Seniors

Introduction The Old Age Security (OAS) pension is a vital financial support system for Canadian seniors, ensuring a steady income stream during retirement. In 2025, the OAS payment has been set at $978 per month for eligible seniors, reflecting adjustments for inflation and cost-of-living increases. This article provides a comprehensive overview of the OAS payment … Read more

Canada OAS Changes 2025 – Who Qualifies & How Much?

Canada OAS Changes 2025 – Who Qualifies & How Much?

Introduction Old Age Security (OAS) is a critical financial support program for Canadian seniors, helping them maintain their quality of life during retirement. The Canada Revenue Agency (CRA) has announced key changes to OAS payments for 2025, impacting the payment amounts, eligibility criteria, and application process. These updates are intended to adjust for inflation and … Read more