Taking Stock with Steele
Read our newsletter below or contact us to subscribe
Taking Stock with Steele is our newsletter where we share our insights and expertise. Our goal is to ensure our clients are well informed. We shift through the noise and only bring important topics of discussion and planning points that are relevant and useful. We believe Knowledge Pays and we want our knowledge to pay for you.
The Canada Pension Plan (CPP) has been gradually raising contributions to enhanced CPP benefits in retirement. The end goal is to boost the maximum CPP retirement benefit by 50% for workers who contribute to the enhanced CPP for their entire lifetimes …While the difference in CPP contributions may go unnoticed by some, it may move the needle for self-employed individuals deciding whether to pay themselves in salary or dividends.