Aug articles on stock option backdating

23-Nov-2019 17:26

It will take Janet 140 months to make up the ,800 at 0 per month.In other words, before age 77, Beth is ahead of Janet and after age 77, Janet is ahead of Beth.

The spouses must apply to split Canada Pension Plan.The key to determining if Canada Pension Plan sharing is feasible is to look at whether the higher CPP earner is in a higher marginal tax rate than the lower CPP earner. There is no income or means test on your Canada Pension Plan retirement benefit.There is a clawback or recovery system on Old Age Security but not on Canada Pension Plan.Let’s assume they both qualify for the same CPP of 0 per month at age 65.Let’s further assume, Beth decides to take CPP now at age 60 at a reduced amount while Janet decides she wants to wait till 65 because she will get more income by deferring the income for 5 years.

The spouses must apply to split Canada Pension Plan.

The key to determining if Canada Pension Plan sharing is feasible is to look at whether the higher CPP earner is in a higher marginal tax rate than the lower CPP earner. There is no income or means test on your Canada Pension Plan retirement benefit.

There is a clawback or recovery system on Old Age Security but not on Canada Pension Plan.

Let’s assume they both qualify for the same CPP of 0 per month at age 65.

Let’s further assume, Beth decides to take CPP now at age 60 at a reduced amount while Janet decides she wants to wait till 65 because she will get more income by deferring the income for 5 years.

Once the amount is split, the spouses can apply to unsplit.