Quote:
Originally Posted by darklord700
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.
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The current cutoff is based on individual income, so a couple could have ~65k EACH before they start losing OAS. I'd suggest reducing that to ~35k each and then OAS starts getting clawed back.