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CIFPs: Tax & Budget 2012 Update

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OAS – Age limit – Changes<br />

Implementation begins April, 2023<br />

Ends January, 2029<br />

Won’t affect current OAS recipients<br />

If you are 54 years or older today (born before April 1,<br />

1958)<br />

-- Age 65<br />

Born on February 1, 1962 or later<br />

-- Age 67<br />

Born between April 1, 1958 and January 31, 1962<br />

-- Phase in

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