After my last couple videos about taxes, my comment sections filled with people claiming CPP and EI are “the government stealing your money.” So apparently it’s time to explain the difference between taxes, insurance, pensions, and payroll deductions…because some of y’all are emotionally fighting for your lives against basic actuarial math. In this episode of Canada: Explained, we break down: • What Employment Insurance (EI) actually is • Why EI is NOT a tax • How pooled-risk insurance works • W
4:16
TikTokauthor_matthewflagler
After my last couple videos about taxes, my comment sections filled with people claiming CPP and EI are “the government stealing your money.” So apparently it’s time to
author_matthewflagler 🇨🇦(@author_matthewflagler). original sound - author_matthewflagler 🇨🇦. After my last couple videos about taxes, my comment sections filled with people claiming CPP and EI are “the government stealing your money.” So apparently it’s time to explain the difference between taxes, insurance, pensions, and ...
16.7K views1 month ago
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You're 65 deciding to defer CPP to 70 for the bigger cheque, but that bigger cheque can claw back your OAS. 🇨🇦 Comment CPP and I'll send you the CPP timing checklist. #CPP #RetirementPlanning #CanadianRetirement #CalmMoney
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You're 65 deciding to defer CPP to 70 for the bigger cheque, but that bigger cheque can claw back your OAS. 🇨🇦 Comment CPP and I'll send you the CPP timing checklist. #CPP #RetirementPlanning #CanadianRetirement #CalmMoney
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You're 65 deciding to defer CPP to 70 for the bigger cheque, but that bigger cheque can claw back your OAS. 🇨🇦 Comment CPP and I'll send you the CPP timing checklist. #CPP #RetirementPlanning #CanadianRetirement #CalmMoney
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