I thought I should share this
There are a variety of resources available to assist you or your loved one in overcoming financial worries and burdens that may limit spending abilities as you/they age. Here are some options that can help:
Pensions
- The Old Age Security(OAS) program, which can provide eligible Canadians over 65 with a modest pension.
- The Guaranteed Income Supplement (GIS) gives extra income to low-income seniors receiving OAS. Partners of GIS recipients can also apply.
- The Guaranteed Annual Income System (GAINS) is a top-up for low-income Ontario residents age 65 or older who receive the GIS.
- If you or your loved one have worked outside the home you/they should receive the Canada Pension Plan (CPP) retirement pension. CPP also provides survivors benefits to partners of deceased contributors.
- Veterans of war are also eligible for a War Veterans Allowance.
more at #seniorsforseniors
Here is a 29second short video for details.
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It is important to document their legacy (whatever that may be) for when the time comes. You don’t want your last memories to be one of stress and searching and planning. theRIPregistry.com will help you or your loved ones keep organized. It is a go to check list for when the time comes ensuring you keep your legacy where it matters. It is Free
Here is a 29second video that explains why and how this membership will be useful when needed. Its your Legacy! You Matter!
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