If you are a senior, you have likely paid into many types of retirement income and benefit plans. Here are some tips to make sure you are collecting all the benefits to which you are entitled.
Know what you paid into – “The major sources of retirement income plans that Canadian seniors pay into through contributions include the Canada Pension Plan (CPP), group Registered Retirement Savings Plans (RRSPs) and individual RRSPs,” says Chartered Accountant Angèle Charbonneau, a partner with Laberge Venne & Partners Professional Corporation in Sudbury. “Other sources include company pensions, encompassing both defined contribution and defined benefit plans.”
