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Writer's pictureThe Tax Advantage

Pension splitting

Updated: Jan 24, 2018

A great way to save tax! This credit is best utilized by couples where one spouse has higher income than the other. Up to 50% of eligible pension amounts can be transferred to your spouse in the lower tax bracket resulting is large savings. Let us do the math for you and split your pension to optimize tax savings. We consider OAS claw back and other factors that could negatively affect you or your spouse when splitting income.



Come in and see us to determine if you qualify for this credit.
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