HOW TO MAXIMIZE CANADIAN PENSION PLAN (CPP)
8:06
YouTubeEric Seto, CPA
HOW TO MAXIMIZE CANADIAN PENSION PLAN (CPP)
Key takeaways for Canadian Pension Plan 1. 18+ years old earn income - you contribute to CPP 2. This is based on a % of your earnings 3. As of 2021 the contribution rate for employees and employer is 5.45%. Usually you pay half and your employer pays half 4. The maximum contribution per year in 2022 is $64,900 5. CPP provides monthly income to ...
431 viewsJul 18, 2023
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Money Matrix Accounting Inc on Instagram: "⏳💼 December Is Ending Soon… Corporation Owners, Are You Ready? If you’re running a corporation in Canada, make sure your payroll is set up & paid before Jan 15, 2026! 🇨🇦📆 CRA penalties are VERY high, so don’t take the risk 😬💸 Need help with: ✔️ CPP calculation ✔️ Payroll processing ✔️ T4 slip generation Let moneymatrixaccounting handle it for you — quick, accurate & compliant! 👉 DM “PAYROLL” for help before the deadline! 📞 416-619-0299 #MoneyMat
0:34
Money Matrix Accounting Inc on Instagram: "⏳💼 December Is Ending Soon… Corporation Owners, Are You Ready? If you’re running a corporation in Canada, make sure your payroll is set up & paid before Jan 15, 2026! 🇨🇦📆 CRA penalties are VERY high, so don’t take the risk 😬💸 Need help with: ✔️ CPP calculation ✔️ Payroll processing ✔️ T4 slip generation Let moneymatrixaccounting handle it for you — quick, accurate & compliant! 👉 DM “PAYROLL” for help before the deadline! 📞 416-619-0299 #MoneyMat
Instagrammoneymatrixaccounting
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