Smart Tax Strategies for Retirees: Avoid the OAS Recovery Tax
![OAS Recovery Tax](https://jacklumsden.com/wp-content/uploads/2021/08/OAS-RECOVERY-TAX.jpg)
It’s smart tax planning for retirees to arrange their income to avoid this clawback if possible. Some strategies to review are: Income split with your spouse/CLP (Common Law Partner) Tax effective non-registered investments Review the start date of your RRIF Use the younger spouse/CLP’s age for RRIF payments Use TFSAs Trigger large capital gains prior […]