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Can I arrange for monthly income tax deductions from my OAS and CPP benefits?

April 26, 2017arrange Benefits CPP deductions OAS

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Can I arrange for monthly income tax deductions from my OAS and CPP benefits?

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Yes. You can arrrange to have income tax deducted from your monthly OAS and CPP benefits. This way, you will have your deductions spread over your monthly pension payments instead of paying a lump sum at tax time. For further information please contact us.