CPP and OAS Change January 1 — What It Means for Your Birth Year

📘 Get The Canadian Seniors' Money Playbook here: https://jakemorrison.gumroad.com/l/Playbook Every January your CPP and Old Age Security change, and they don't change the same way for everyone. Two people on the same street, with the same pension from the same government, can open their January statement to two different stories, and what decides which one is yours is the year you were born. In this video I sort you by birth year, show you exactly what changes for your group in 2027, and walk through the one birth year with a deadline that lands before January even starts. Here is what we cover: Why your December deposit comes early, and the 36 days until the January one How the January CPP raise is worked out, and why CPP never goes down OAS is adjusted four times a year: 1.4% in October, 3.0% over the past year Born 1952: the 10% OAS increase starts the month after you turn 75, not the month of Born 1957: turning 70, and why there's no benefit to waiting past it Born 1958 to 1961: CPP grows 0.7% and OAS 0.6% for every month you wait Born 1962: the average CPP at 65, the GIS, and why the April 30 tax deadline keeps it coming Born 1967: CPP at 60 is up to 36% less for life, and the lower CPP rate on your January pay The one I held back: born 1955, your RRSP and December 31, and how cashing it out can reach your OAS and GIS until June 2028 Everything here is tied to real sources, including Service Canada's CPP and Consumer Price Index page, the OAS and GIS payment amounts for October to December 2026, the OAS increase at 75, Service Canada's When to start your CPP page, the CPP payment dates, the OAS recovery tax threshold for 2026 income, the CRA's guide T4040 on RRSPs and other registered plans, the CRA's TFSA pages, the Canada Groceries and Essentials Benefit, and the Budget 2026 tax measures. Checked November 2026. One honest note. Some 2027 numbers aren't published yet: the January 2027 CPP increase, the OAS and GIS rates for January to March 2027, and the 2027 TFSA limit. Where that's the case, the video says so and uses the latest official figure instead. The "RRSP for life" and the one-time top-up of the Groceries and Essentials Benefit are proposals from Budget 2026, not law. Free help first. A community volunteer tax clinic (CVITP) will do a simple return for free if your income is modest. Knowing which benefits and income tests apply to your birth year, and in what order, is exactly what The Canadian Seniors' Money Playbook is built for. 📘 Get the full playbook on OAS, GIS and the income tests: https://jakemorrison.gumroad.com/l/Playbook Jake Morrison is a digital presenter. Content is produced with AI narration by the Jake Morrison channel team. General information about published rules, not financial, tax or legal advice. Not affiliated with any government or bank. What year were you born? Just the year, below. #canadianseniors #seniorscanada #oas #cpp #retirementcanada