Thank you very much for this information. I had always heard that when you pass away that your cpp stopped. I seriously had no idea your spouse could collect on your cpp. Wonderful news. Thank again.
For the survivor pension for someone that passed away after age 70 and both spouses delayed collecting CPP until age 70 is the CPP maximum survivor benefit still the age 65 max or is it the age 70 CPP maximum? It makes sense to me that it should be the age 70 CPP maximum but you didn't make any mention of that.
The $2500 CPP Death Benefit maximum has stayed the same since the 1970s if I'm not mistaken, It was never indexed to inflation, and once upon a time it actually would have covered a burial funeral.
@ Tony Oostenbrink - max death benefit changed to flat $2,500 in 1998. In 1997 it was $3,580 and it started at $510 in 1968 so it was index at one point in time. From watching this video it would seem when they went to the flat $2,500 for anyone that paid into the plan they decided that was an actuarial equivalent amount for the sum of money to be paid as death benefit from the plan. (But this is an assumption on my part how they got to the $2,500)
Enjoy your videos - very practical. Any comments on three items: First, does the cap change if deceased spouse delayed to 70? Does the cap go up? Second, does the cap change if survivor took CPP early at 60? Does cap go down? Third, what if you have both of these?
If a widow is under the age of 45 they will see a reduction to their survivor pension of 1/120th for each month that they are under the age of 45. Basically, a widow or widower can receive a survivor pension between the ages of 36-45 at a reduced amount.
Survivor benefit in Canada is not fair. I'm 69 my wife died last year age 66 after workjng most of her life and paying into CPP. I get exactly $25.81 /month survivor benefit. It's just plain wrong to rip off the survivor benefit of some to the benefit of others , like yhe overpaid managers of the CPP
I totally agree that the CPP survivor benefit is a rip off. I'm surprised it doesn't get more news. If both spouses worked and contributed (max or near max) to their CPP and one spouse dies, the other surviving spouse will get very little survivor pension. It really only helps survivors that are were receiving very little CPP prior to their spouse passing. For example, my calculated CPP, deferring to 70 years old, would be $1, 775/mo. When I die after 70 my spouse will receive a survivor benefit of $385/mo. So, upon my death, not only will the household income be reduced by my OAS ($688.00/mo) but also $1390/mo ($1,775 - $385). That is a total household income reduction of almost $25, 000 per year that my surviving spouse will need to manage.
@richardli5530 No it isn't. Most people don't die at 66. You almost always are worse off taking it early (unless you are so broke you absolutely need it before 65).
@debbielockhart7762 not true at all. Taking it later can result in significant OAS clawback. CPP survivor benefit only pays you up to the Maximum of CPP. So if this guy gets only $25 bucks more it's because he's close to the Maximum. NOR do you get paid after death. It's unfortunate if a partner dies because your household income can be cut in half, but your personal income actually increases.
Hi Adam, Love your videos! I started receiving my survivors pension at 57. I am 61 now and planning to retire at 65. I am high earner and expect to receive decant CPP. I also have RRSPs. Watching your previous videos about melting down RRSPs strategy and delaying CPP till 70, would it make sense in my case? Or I will still be capped at $1203 combined? Thank you!
Hi,my mom passed away she was the beneficiary of her husband's CPP and got the one time $2500 towards his funeral. Will mom be eligible for the death benefit from the same CPP?
Thanx for the informative video.. my question is does a marriage have to be a certain number of months or years to qualify for the survivor benefits for the remaining spouse..?
I lost my husband at the age of 47 and was wondering if it is more advantageous to take my CPP at 60 as opposed to 65 due to the fact that there is a cap on the amount one can receive.
@@mattcasselmanandbenferguso1841 I didn’t do any research but decided to take at 60 as I was almost at the max. Find out at what age you’ll be able to get the max from service canada. I’m sure it’s closer to 60 than 65.
QUESTION : Will my survivors benefit monthly payment be lowered if I take my CPP early at 60yrs or will it stay the same till I am 65yrs. My CPP is no where near the maximum. Thank you for any info.
Thanks for the video, very helpful. I have a question about if the survivor is still working and younger than 65 - is there a reduction in benefit for this? Or is this benefit amount guaranteed regardless of the survivors income?
I'm receiving CPP payments now. My commoninlaw partner she is younger than me and not receiving CPP. Now if I die. Does she continue to receive my monthly CPP after I die. Ths
Great video. I have a couple questions. If the survivor is under 65, and receives the 37.5%, does this increase to 60% when they reach 65? How does this work if my wife and I opted for pension sharing and she already gets 1/2 of my CPP?
If I delay my CPP till age 70 and then pass away after age 70, will my spouse get 60% of the amount of CPP I was receiving? Or is it based on the age 65 amount?
Hello sir, Is there a possibility that a survivor can receive a benefits even she's not a Canadian citizen..what are the requirements if she/he can receive.
Good morning, my husband is canadian,he passed last April 7,2021 at the age of 52..I'm 35 years old and from Philippines.. what benefits can I get and his step daughter age 13?
My dad passed away and now my mom gets 1709.00 for gis and oas but she applied for 60% of his cpp is that going to effect her 1709.00 or will it just add to it?
I just turned 59 I applied for CPP now my question, what is the lowest? what's the lowest money you can receive, you say there's a high of 1200 but what's the lowest?
Question... My spouse passed in 2020. I am now 62 years old, collecting both my CPP and the Survivor CPP as well as The Allowance For The Survivor. I am aware that the Allowance gets clawed back with Other Income claimed, and it is adjudicated once per year in July. When I turn 65, what happens to A) my CPP and Survivor CPP? and B) Does the Allowance get switched over to GIS depending on income level?
The funeral home helped me apply for the benefits for me and my kids which was a wonderful service they offered included in the price of the funeral. What is really terrible for widows/widowers is that if your husband/wife is getting the max $1200 per month and you are collecting $1200 a month, if your husband/wife dies your income is cut in half. Keep that in mind in terms of expenses. Also once your kids turn 18 the survivor benefit starts going to them, even though they are likely still living with you…which is also important for expenses. Do I get the survivors benefit for life if I am currently under 65 or does it stop once I start taking my own CPP? I can’t find the answer to this anywhere!
Our video explains this. You get it for life, but will potentially get maxed out when you start yours. You survivor plus your CPP can't pay you more than the monthly CPP max.
If my dec'd husband received Max CPP at age 70, would it still be more advantageous for me to start collecting my CPP at age 70, or should I start at age 65? I myself only worked for 20 years.
Depends on cash flow needs, but likely 65 for you. You can run scenarios in your my service canada website or contact them directly. They can give you exact numbers.
Very informative video. My Aunt, A Candaian Citizen died 2 weeks ago and didn't have any relative in Canada. All of her relatives are based in the Philipinnes. How we can apply for burial benefit for her? Can a friend of her who lives in Canada can apply for death/burial benefit?
For many years I worked in Canada. Now I am in Europe. I am over 65 years old. I am trying to find my record of total number of my employment there. And project of what I will get. Also the link about how sign on to My Service Canada pages. I have spend days to get record of my employment and what I am entitled. Please help with clear instruction if you could.
Hi Adam, If your husband is receiving a small survivor benefit and will have maximum CPP credits, at what age should he start collecting collecting his CPP benefit to achieve maximum amount without loosing the survivor benefit by waiting too long to collect at age 71?
Hey Adam i am 63 and my husband passed away 4year before . He was 63 at time and was on disability benefits . What should i get from his benefit as i am working now
I’m collecting CPPD + widow allowance , in 20.23 I will be 65 years old which I’ve applied my old age pention filed sept. 21 this year 20.22 in short what’s goin. To happened my CPPD?and all Thosed I’m recieving @ the moment ?im only recieving widow allowance OAS$320.76 monthly , my old age pention due in sept.15 20.23 I’ll be 65 years young 😂 in short how much $ I take home pay monthly ? With the folowing explanations ? Pls respond highly appreciated . Sincerely MARLENE
What if you were divorced two months before your spouse passed away. Am I eligible for any m. of his CPP benefits? We were married for 30 years and I had to leave the relationship due to abuse.
@@ParallelWealth ok thank you. So if we die "early" all our contributions are lost. Sad! Is there a possibility of collecting our CPP in a lump sum instead of monthly payments? If yes, would there be a penalty?
Say if one of two spouses are working and one is staying home to raise the kids. Does the one spouses income count towards the non working spouses CPP contributions since they were married? My understanding is that married couples income is seen as the same. So shouldn't the contribution credit be shared among them both as one is staying home for child raising?
Nope. The one at home could possibly claim child rearing years if you had kids under 7. But the working spouse gets the credit. When you go to claim your CPP you can elect the split at that time.
Hello Adam I am very impressed with your videos. Just to let you know I worked for CPP/OAS for 35 years. I have some suggestions to broaden the information about CPP . could you e mail me directly. How could we connect offline?
HI Adam, this issue is my biggest concern around delaying CPP to 70 and spending down RRSP etc. first. if our post age 70 income plan is so dependent on double CPP and OAS, how do we protect the survivor's income post spouse's death? Is it worth continuing life insurance as a protection?
Here is my question if I am 62 and my wife is 57 years old I pass away will she be receiving my portion of the CPP even though she is only 57 years old or does she need to be 60 to start collecting thank you
My husband passed away in 1989, he was 28. Back in 1989 I was under 45 with no children, I qualified for nothing. In 2019 when the survivors benefits rules were changed I received a package from the federal government to review and apply if I felt I could qualify. I did qualified to get the monthly benefit, I was 51 at that time.
Its not so simple (as always with the gov’t). Diseased person had to contribute a min amount of CPP (see Service Canada website for exact conditions), not just contributed something, in order surviving spouse could get Death benefits and Survivor Pension Benefit.
The survivor only gets 60% if they have no CPP benefits, otherwise that 60% is reduced by another 40%, so using your example of 1,000 the survivor would get $360 not $600. So in the end the survivor only gets 36% not 60%
Hi Adam, great content love your videos. I was wondering if you could speak about the disability tax credit, and the process of applying for this credit. Thanks Craig
A surviving spouse who is age 35 or younger would not qualify for anything until they are age 65, at which time they can apply to get a survivor's pension.
This is not my experience. My husband passed away in 1989, he was 28. Back in 1989 I was under 45 with no children, I qualified for nothing. In 2019 when the survivors benefits rules were changed I received a package from the federal government to review and apply if I felt I could qualify. I did qualify to get the monthly benefit, I was 51 at that time.
I appreciate and thank you for your RUclips videos, they are most informative. My husband passed away in 2019, at which time I started receiving a monthly survivor benefit payments. I am turning 65 in May 2022. If I choose to not start collecting my own CPP before I turn 70, would this mean i would will receive the same monthly survivor benefit payment amount until I am 70 as I have been receiving since 2019? Thank you,
Susan, sorry to hear about your husband. This is a great question and not completely sure. I would reach out to your local My Service Canada center to get a concrete answer on this.
After my wife passed in 1999 I was receiving a survivor benefit, when I turned 60 I started my CPP but they reduced my survivor benefit, the total for both was only $850.00 per month, far from being the cap. Why was it reduced?
You should contact service canada; CPP and follow up. You must apply. My husband passed in 1989, when the rule changed in 2019, I applied, after they reviewed the application I now receive the benefit monthly.
So my mom gets oas and gis for a total of 1709.00 she applied for 60% of my dad's cpp. Will this reduce her 1709.00? Or will she get that and the survivor benefit?
Thank you for this…. lost one parent and trying to help the other who is not comfortable with this stuff, and I really appreciate the info.
Thank you very much for this information. I had always heard that when you pass away that your cpp stopped. I seriously had no idea your spouse could collect on your cpp. Wonderful news. Thank again.
You speak so clearly to understand. Keep it up, and thank you.
Thank you! 😃
you are a hardworking youtuber.
The viewers have lots of requested content!!! Lol
And I enjoy doing them for everyone. If each video helps 1 person it's a win.
Excellent information-usually needed at the most stressful time. Bob from Winnipeg
Very clearly explained. Thanks Adam.
For the survivor pension for someone that passed away after age 70 and both spouses delayed collecting CPP until age 70 is the CPP maximum survivor benefit still the age 65 max or is it the age 70 CPP maximum? It makes sense to me that it should be the age 70 CPP maximum but you didn't make any mention of that.
The $2500 CPP Death Benefit maximum has stayed the same since the 1970s if I'm not mistaken, It was never indexed to inflation, and once upon a time it actually would have covered a burial funeral.
@ Tony Oostenbrink - max death benefit changed to flat $2,500 in 1998. In 1997 it was $3,580 and it started at $510 in 1968 so it was index at one point in time. From watching this video it would seem when they went to the flat $2,500 for anyone that paid into the plan they decided that was an actuarial equivalent amount for the sum of money to be paid as death benefit from the plan. (But this is an assumption on my part how they got to the $2,500)
@@DoneByD now that you say it, I believe you're right...
Very well explained
Excellent explanation. Thank-you!
You are welcome!
Very informative vedio, helps person like me who is close to retirement.
Very good information !
Enjoy your videos - very practical. Any comments on three items: First, does the cap change if deceased spouse delayed to 70? Does the cap go up? Second, does the cap change if survivor took CPP early at 60? Does cap go down? Third, what if you have both of these?
If a widow is under the age of 45 they will see a reduction to their survivor pension of 1/120th for each month that they are under the age of 45. Basically, a widow or widower can receive a survivor pension between the ages of 36-45 at a reduced amount.
Survivor benefit in Canada is not fair. I'm 69 my wife died last year age 66 after workjng most of her life and paying into CPP. I get exactly $25.81 /month survivor benefit. It's just plain wrong to rip off the survivor benefit of some to the benefit of others , like yhe overpaid managers of the CPP
You must have been near max. If the lower CPP spouse passes first it can def be a huge rip
I totally agree that the CPP survivor benefit is a rip off. I'm surprised it doesn't get more news. If both spouses worked and contributed (max or near max) to their CPP and one spouse dies, the other surviving spouse will get very little survivor pension. It really only helps survivors that are were receiving very little CPP prior to their spouse passing. For example, my calculated CPP, deferring to 70 years old, would be $1, 775/mo. When I die after 70 my spouse will receive a survivor benefit of $385/mo. So, upon my death, not only will the household income be reduced by my OAS ($688.00/mo) but also $1390/mo ($1,775 - $385). That is a total household income reduction of almost $25, 000 per year that my surviving spouse will need to manage.
My condolences.
That is why you want to start CPP ASAP.
@richardli5530 No it isn't. Most people don't die at 66. You almost always are worse off taking it early (unless you are so broke you absolutely need it before 65).
@debbielockhart7762 not true at all. Taking it later can result in significant OAS clawback. CPP survivor benefit only pays you up to the Maximum of CPP. So if this guy gets only $25 bucks more it's because he's close to the Maximum. NOR do you get paid after death. It's unfortunate if a partner dies because your household income can be cut in half, but your personal income actually increases.
Very informative, thank you. If someone lives common law or do the couples have to do tax together, what happens if they were divorced
Hi Adam,
Love your videos!
I started receiving my survivors pension at 57. I am 61 now and planning to retire at 65. I am high earner and expect to receive decant CPP. I also have RRSPs. Watching your previous videos about melting down RRSPs strategy and delaying CPP till 70, would it make sense in my case? Or I will still be capped at $1203 combined?
Thank you!
Capped
Hi,my mom passed away she was the beneficiary of her husband's CPP and got the one time $2500 towards his funeral. Will mom be eligible for the death benefit from the same CPP?
Thanx for the informative video.. my question is does a marriage have to be a certain number of months or years to qualify for the survivor benefits for the remaining spouse..?
Nope
I lost my husband at the age of 47 and was wondering if it is more advantageous to take my CPP at 60 as opposed to 65 due to the fact that there is a cap on the amount one can receive.
Very likely could be. Best to contact your my service canada center to have them run your exact numbers. Worth checking into.
I was going to ask this same question! DId you do some research?
@@mattcasselmanandbenferguso1841 I didn’t do any research but decided to take at 60 as I was almost at the max. Find out at what age you’ll be able to get the max from service canada. I’m sure it’s closer to 60 than 65.
QUESTION : Will my survivors benefit monthly payment be lowered if I take my CPP early at 60yrs or will it stay the same till I am 65yrs. My CPP is no where near the maximum.
Thank you for any info.
Thanks for the video, very helpful. I have a question about if the survivor is still working and younger than 65 - is there a reduction in benefit for this? Or is this benefit amount guaranteed regardless of the survivors income?
I'm receiving CPP payments now. My commoninlaw partner she is younger than me and not receiving CPP. Now if I die. Does she continue to receive my monthly CPP after I die. Ths
would the survivor still be eligible for these benefits if they are a Life Insurance beneficiary?
Great video. I have a couple questions. If the survivor is under 65, and receives the 37.5%, does this increase to 60% when they reach 65? How does this work if my wife and I opted for pension sharing and she already gets 1/2 of my CPP?
No change - rate is based on age at death.
My daughter has lived common law for 28 yrs- the guy won't marry her... if he dies if she entitled to these benefits not being married?
Just a note the 2500 dollar benefit is taxable to the recipient. When my mom passed away I ended up paying about $600 in taxes on the $2500 benefit.
Very sad. The Rihgt hand is giving and the left hand is taking.
The illusion of a big help.
What about if my wife is not from Canada we live in the Philippines can she collect survival benefits since we live outside Canada.
Contact my service canada. She shouldn't have an issue collecting.
If I delay my CPP till age 70 and then pass away after age 70, will my spouse get 60% of the amount of CPP I was receiving? Or is it based on the age 65 amount?
Based in age 65 amount per Canada dot ca website.
My husband and i been separated for years, am i still entitled for death benefits?
Hello sir,
Is there a possibility that a survivor can receive a benefits even she's not a Canadian citizen..what are the requirements if she/he can receive.
Good morning, my husband is canadian,he passed last April 7,2021 at the age of 52..I'm 35 years old and from Philippines.. what benefits can I get and his step daughter age 13?
My dad passed away and now my mom gets 1709.00 for gis and oas but she applied for 60% of his cpp is that going to effect her 1709.00 or will it just add to it?
It could yes
Good Evening, If I’m under 65 and my spouse passes away do I get the 60% benefit once I turn 65 or do I stay at the lower % for the rest of my life?
Lower for life
Sorry if this is a silly question, but if your spouse dies before they were 65, do you you still get a survivor cpp benefit?
Yes, and we have a full video on this. Search our library
I just turned 59 I applied for CPP now my question, what is the lowest? what's the lowest money you can receive, you say there's a high of 1200 but what's the lowest?
Question... My spouse passed in 2020. I am now 62 years old, collecting both my CPP and the Survivor CPP as well as The Allowance For The Survivor. I am aware that the Allowance gets clawed back with Other Income claimed, and it is adjudicated once per year in July. When I turn 65, what happens to A) my CPP and Survivor CPP? and B) Does the Allowance get switched over to GIS depending on income level?
The funeral home helped me apply for the benefits for me and my kids which was a wonderful service they offered included in the price of the funeral. What is really terrible for widows/widowers is that if your husband/wife is getting the max $1200 per month and you are collecting $1200 a month, if your husband/wife dies your income is cut in half. Keep that in mind in terms of expenses. Also once your kids turn 18 the survivor benefit starts going to them, even though they are likely still living with you…which is also important for expenses. Do I get the survivors benefit for life if I am currently under 65 or does it stop once I start taking my own CPP? I can’t find the answer to this anywhere!
Our video explains this. You get it for life, but will potentially get maxed out when you start yours. You survivor plus your CPP can't pay you more than the monthly CPP max.
@@ParallelWealth ah ok Thank you!! I wasn’t sure if it was the same for survivors under 65, I thought you were only talking about survivors over 65.
What if I'm a Canadian living outside of the country. Is my common law partner eligible to collect the survivor benefit?
Hello, are the rules the same for QPP ? Thanks.
If my dec'd husband received Max CPP at age 70, would it still be more advantageous for me to start collecting my CPP at age 70, or should I start at age 65? I myself only worked for 20 years.
Depends on cash flow needs, but likely 65 for you. You can run scenarios in your my service canada website or contact them directly. They can give you exact numbers.
I have been recieving my spouses pension but will soon be 65 my cpp is very low do I have to apply or will it just carry over
Pretty sure you need to apply still.
Very informative video. My Aunt, A Candaian Citizen died 2 weeks ago and didn't have any relative in Canada. All of her relatives are based in the Philipinnes. How we can apply for burial benefit for her? Can a friend of her who lives in Canada can apply for death/burial benefit?
Contact service Canada
For many years I worked in Canada. Now I am in Europe. I am over 65 years old. I am trying to find my record of total number of my employment there. And project of what I will get. Also the link about how sign on to My Service Canada pages. I have spend days to get record of my employment and what I am entitled. Please help with clear instruction if you could.
My husband died Jan.18 2022. I am getting part of his CPP he divorced me in July 2014 Do I get the rest of his cpp although we are divorced ?
Sorry to hear. You would need to reach out to Service Canada on this.
Hi Adam,
If your husband is receiving a small survivor benefit and will have maximum CPP credits, at what age should he start collecting collecting his CPP benefit to achieve maximum amount without loosing the survivor benefit by waiting too long to collect at age 71?
Hey Adam i am 63 and my husband passed away 4year before . He was 63 at time and was on disability benefits . What should i get from his benefit as i am working now
Shabana, sorry to hear. You would have to reach out to service Canada on this to find out.
I’m collecting CPPD + widow allowance , in 20.23 I will be 65 years old which I’ve applied my old age pention filed sept. 21 this year 20.22 in short what’s goin. To happened my CPPD?and all Thosed I’m recieving @ the moment ?im only recieving widow allowance OAS$320.76 monthly , my old age pention due in sept.15 20.23 I’ll be 65 years young 😂 in short how much $ I take home pay monthly ? With the folowing explanations ? Pls respond highly appreciated . Sincerely MARLENE
What if you were divorced two months before your spouse passed away. Am I eligible for any m. of his CPP benefits? We were married for 30 years and I had to leave the relationship due to abuse.
So sorry to hear. You would need to contact service canada on this.
What happens to my CPP if I pass and I am single/divorced? Will my children be able to collect any portion of it?
If they are under 18 there is a child survivor benefit- we have a video on this. Otherwise nothing
@@ParallelWealth ok thank you. So if we die "early" all our contributions are lost. Sad! Is there a possibility of collecting our CPP in a lump sum instead of monthly payments? If yes, would there be a penalty?
Nope, monthly only.
@@ParallelWealth thank you
Say if one of two spouses are working and one is staying home to raise the kids. Does the one spouses income count towards the non working spouses CPP contributions since they were married? My understanding is that married couples income is seen as the same. So shouldn't the contribution credit be shared among them both as one is staying home for child raising?
Nope. The one at home could possibly claim child rearing years if you had kids under 7. But the working spouse gets the credit. When you go to claim your CPP you can elect the split at that time.
Hello Adam I am very impressed with your videos. Just to let you know I worked for CPP/OAS for 35 years. I have some suggestions to broaden the information about CPP . could you e mail me directly. How could we connect offline?
Contact me through my website. www.parallelwealth.com
No mention of OAS. When 1 spouse dies is there a survivor benefit or is it gone.
Bruce this video is on CPP, not OAS...but for reference the OAS has some survivor benefit if spouse is between 60-65 and low income.
You didn't talk about eligibility of survivor benefits following a divorce where neither party has remarried.
If u divorce u dont get any benefits
What if the husband dies at 60 before collecting?
HI Adam, this issue is my biggest concern around delaying CPP to 70 and spending down RRSP etc. first. if our post age 70 income plan is so dependent on double CPP and OAS, how do we protect the survivor's income post spouse's death? Is it worth continuing life insurance as a protection?
You would have to stress test your plan. Typically insurance is not needed unless there is a big estate tax.
@@ParallelWealth Thanks! I really appreciate all the fantastic insights you give us all on your channel.
Here is my question if I am 62 and my wife is 57 years old I pass away will she be receiving my portion of the CPP even though she is only 57 years old or does she need to be 60 to start collecting thank you
My husband passed away in 1989, he was 28. Back in 1989 I was under 45 with no children, I qualified for nothing. In 2019 when the survivors benefits rules were changed I received a package from the federal government to review and apply if I felt I could qualify. I did qualified to get the monthly benefit, I was 51 at that time.
Hi addem please I need your help
Its not so simple (as always with the gov’t). Diseased person had to contribute a min amount of CPP (see Service Canada website for exact conditions), not just contributed something, in order surviving spouse could get Death benefits and Survivor Pension Benefit.
Does the survivor have to be legally married or would common law suffice. Can you designate a survivor ahead of time?
Common law is fine
Do you have an option to wait till you're 65 to collect 60% of your passed spouse or you have to collect the low percentage for life
Never heard or read of this options. Any viewers run into this? I highly doubt it though.
Hi Adam,
I was married for 24 years, and now divorced. Who is entitled for survivor pension benefits when we re- marry?
Your new spouse/partner
@@ParallelWealth what if we never get married?
The survivor only gets 60% if they have no CPP benefits, otherwise that 60% is reduced by another 40%, so using your example of 1,000 the survivor would get $360 not $600. So in the end the survivor only gets 36% not 60%
I would look into that again!
@@ParallelWealth You or me. I got the info from a Service Canada employee.
My wife passed away I get her CPP what happens if I pass away early does my kids get my CPP
If a minor, they will get some. Otherwise just the death benefit
Hi Adam, great content love your videos. I was wondering if you could speak about the disability tax credit, and the process of applying for this credit.
Thanks
Craig
That video comes out tomorrow - thanks for ruining the surprise!!! lol
A surviving spouse who is age 35 or younger would not qualify for anything until they are age 65, at which time they can apply to get a survivor's pension.
This is not my experience. My husband passed away in 1989, he was 28. Back in 1989 I was under 45 with no children, I qualified for nothing. In 2019 when the survivors benefits rules were changed I received a package from the federal government to review and apply if I felt I could qualify. I did qualify to get the monthly benefit, I was 51 at that time.
what if my ex husband were in a common law relationship. He and I were still legally married
Hmmm, assume the new partner would get it, bit consult a lawyer. And moving forward you may want to make some clarity around this situation.
If I pass away at 60 prior to collecting CPP, what amount does my spouse (
What amount projected at 65 would have been.
I appreciate and thank you for your RUclips videos, they are most informative. My husband passed away in 2019, at which time I started receiving a monthly survivor benefit payments. I am turning 65 in May 2022. If I choose to not start collecting my own CPP before I turn 70, would this mean i would will receive the same monthly survivor benefit payment amount until I am 70 as I have been receiving since 2019? Thank you,
Susan, sorry to hear about your husband. This is a great question and not completely sure. I would reach out to your local My Service Canada center to get a concrete answer on this.
Seems like there are more financial benefits to being married and that doesn't seem right.
💯 true.
why haa my survivors benfeits dimisnish at age 65.
After my wife passed in 1999 I was receiving a survivor benefit, when I turned 60 I started my CPP but they reduced my survivor benefit, the total for both was only $850.00 per month, far from being the cap. Why was it reduced?
if you take @ 60 you are reduced 1203.75*(1-0.006*12*5)=770.40 is this make sense? when exactly 60 years old and how many months you start CPP?
CPP just ask us to pay back $5000 because there was an overpayment to my mother in law now they want us to pay it back. She was 70 and unmarried
🤦♂️
Do we have to pay this back? She was renting had no assets. There is nothing in her estate.
Um. I never got anything. My wife dyed 1997. March15.
You should contact service canada; CPP and follow up. You must apply. My husband passed in 1989, when the rule changed in 2019, I applied, after they reviewed the application I now receive the benefit monthly.
What happens if your wife is not a Canadian citizen?
So my mom gets oas and gis for a total of 1709.00 she applied for 60% of my dad's cpp. Will this reduce her 1709.00? Or will she get that and the survivor benefit?
They sai d. She. Didn’t work. Three years. In row