👉On September 25, 2024, eligible Canadian seniors will receive their next Old Age Security (OAS) payments. OAS is a federal pension program that provides monthly financial support to individuals aged 65 and older, regardless of work history. The benefit, crucial for many retirees, is adjusted quarterly for inflation and is considered taxable income. Eligibility is based on age, citizenship, and residency, with automatic enrollment for some. Immigrants to Canada should understand OAS for effective retirement planning, as the program is based on residency rather than employment.✅ . 𝐔𝐧𝐥𝐨𝐜𝐤 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐌𝐚𝐧𝐨𝐣 𝐊𝐚𝐫𝐚𝐭𝐡𝐚, 𝐚𝐧 𝐚𝐰𝐚𝐫𝐝-𝐰𝐢𝐧𝐧𝐢𝐧𝐠 𝐑𝐞𝐚𝐥𝐭𝐨𝐫 𝐢𝐧 𝐎𝐧𝐭𝐚𝐫𝐢𝐨. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟐𝟐𝟔-𝟐𝟔𝟔𝟓 𝐄𝐦𝐚𝐢𝐥: 𝐦𝐚𝐧𝐨𝐣@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @manojkaratha_realtor . . #OASPayments #CanadianSeniors #RetirementSupport #CanadaBenefits #OldAgeSecurity #SeniorPension #FinancialPlanning #mnm #malayalisnearmeapp #canadaupdate #canadanews

Are you new to Canada and wondering about benefit and credit payments to support your family? Look no further! Whether you're a newcomer or a long-time resident, understanding these payments is crucial. Our guide covers everything you need to know about eligibility, filing taxes, and receiving the benefits you deserve. Stay informed and make the most of available support. #CanadaBenefits #TaxSeason #FamilySupport #TaxTips #InternationalStudents #CanadaTaxSeason #CRAAdvice #QRAfinancials #CanadaTaxConsultants #MalayaliTaxConsultant

👉The Canadian government has promised to implement automatic tax filing in an effort to ensure that Canadians no longer miss out on benefits they're entitled to. The move follows a report by the parliamentary budget officer which found that approximately $12 billion in federal benefits goes unclaimed each year, often due to individuals not filing their taxes or filing them incorrectly. Automatic tax filing will streamline the process and ensure that individuals receive the benefits they're entitled to without having to navigate a complicated system. While there is no timeline for implementation yet, this is welcome news for Canadians who are looking for ways to simplify their financial lives.✅ . . #AutomaticTaxFiling #CanadaBenefits #SimplifyFinances #TaxTime #FederalBenefits #FinancialWellness #TaxSystemImprovements #PersonalFinance #mnm #malayalisnearmeapp #canadaupdate #canadanews