Hi ,
I am a 61 years old Canadian citizen,with full time job in a hospital,since 15 years in Toronto and my wife (61 years old) have full time job for 3 years.My annual income is $57000 and my wife is $ 27000.
Me and wife want to Retire either at 65 years of age.Kindly advise us regarding our following questions,
Q 1-Will we both get separate CPP(Canada pension plan) or together and what will be amount per month to each of us.Can we both claim to get both Canada Pension Plan (CPP) and Old Age Security (OAS).
Q3- We have joint Mortgage of $ 180,000 and bank money of $ 140,000 . Will these amount reduce our CPP and OAS and what what should we plan to get full,maximum CPP.
Q4- I worked for near 10 years in New York,USA and have 39 credits/units.I need 40 credits to claim USA social security old age benefits.Can I share one credit from Canadian job funds ?
Q5- I have a pension plan from my hospital job (HOOP) .will CPP and HOOP effect each other in getting full Pension amount ?
Q 6. May you suggest a Pension Plan for us ?
Best Regards..
I am a 61 years old Canadian citizen,with full time job in a hospital,since 15 years in Toronto and my wife (61 years old) have full time job for 3 years.My annual income is $57000 and my wife is $ 27000.
Me and wife want to Retire either at 65 years of age.Kindly advise us regarding our following questions,
Q 1-Will we both get separate CPP(Canada pension plan) or together and what will be amount per month to each of us.Can we both claim to get both Canada Pension Plan (CPP) and Old Age Security (OAS).
Q3- We have joint Mortgage of $ 180,000 and bank money of $ 140,000 . Will these amount reduce our CPP and OAS and what what should we plan to get full,maximum CPP.
Q4- I worked for near 10 years in New York,USA and have 39 credits/units.I need 40 credits to claim USA social security old age benefits.Can I share one credit from Canadian job funds ?
Q5- I have a pension plan from my hospital job (HOOP) .will CPP and HOOP effect each other in getting full Pension amount ?
Q 6. May you suggest a Pension Plan for us ?
Best Regards..