OAS Clawback 2025 Planning Strategies for High-Income Retirees
Understanding the OAS Clawback Thresholds for 2025 It’s important to understand how the OAS clawback works, especially if you’re nearing retirement or already retired and have a higher income. The Old Age Security (OAS) clawback, officially known as the OAS recovery tax, can significantly reduce your benefits if your income exceeds a certain level. Let’s…