Quote:
Originally Posted by bizaro86
I'd be in favour of lowering the thresholds dramatically, say to ~35k-40k for the start of the phase out and $75k for top end limit.
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I think the maximum a couple could get from OAS/GIS is about $30K a year now. If the cut off is $35K, you got a problem. Because if you save nothing, you get $30K already, the messy extra $5K or even $10K don't give people much incentive to save.
That's why I "guess" the cut off is high at $67K.