CRA retirement benefits

CRA Announces $742 OAS Increase for Seniors – Eligibility, Payment Dates and Full Details Explained

by

The Canada Revenue Agency (CRA) has officially confirmed a $742 Old Age Security (OAS) boost starting in January 2025, bringing much-needed financial relief to millions of Canadian seniors. This increase is part of the government’s broader commitment to help older citizens cope with rising living costs, inflation, and healthcare expenses. For many retirees, OAS represents … Read more

CRA Confirms $742 OAS Boost in 2025 – Check Eligibility Rules and Claim Process

by

If you’ve been keeping tabs on Canadian retirement benefits, you’ve likely seen the headline: “CRA confirms $742 OAS boost in 2025.” At first glance, it might sound like a bonus cheque from the government. But before seniors start planning a vacation or shopping spree, it’s important to understand what this really means. The Old Age … Read more