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Jacquie is 69 years of age and has the following sources of income: Income Canada Pension Plan (CPP) retirement benefits Old Age Security (OAS) benefits
Jacquie is 69 years of age and has the following sources of income: Income Canada Pension Plan (CPP) retirement benefits Old Age Security (OAS) benefits $1,154.58 per month $601.45 per month net self-employment income Amount $64,600 investment income: interest income from a CSB $ 3,000 If the OAS clawback threshold is $77,580, how much of Jacquie's annual OAS benefits will she actually get to keep? O a) $1,663.85 O b) $4,250.51 O c) $5,553.55 O d) $6,003.55
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