On behalf of the entire You First team, we wish you a happy holiday season and a prosperous New Year. May this time of year bring you health, relaxation, and beautiful moments with your loved ones. We all had to adapt to a new reality this year. We came together to face these difficult times… Read More
The You First Blog
Did your last paycheque look a little low? That’s because starting in 2019, the amount you contribute to Canada Pension Plan (CPP) will increase from 4.95% to 5.10% for earnings between $3,500 and $57,400. These contributions are matched by your employer. Therefore, if your salary is $57,400 or higher, you will pay approximately $81 more… Read More
In 2012, new rules were introduced that allowed Canadians to apply for CPP benefits as early as age 60 at a reduced rate, or as late as 70 at an increased rate. This was meant to address Canada’s evolving landscape of retirement, with some Canadians retiring before age 65 while others are working past it…. Read More