7 Things to Do the Year You Start CPP & OAS

The year you start CPP and Old Age Security is one of the most important financial years of your life — and a few small missteps can cost you money or delay your payments. Here are 7 things every Canadian should get right, explained in plain English. In this video, Mac walks you through: 🍁 #1 Check your enrolment (CPP usually ISN'T automatic!) 🍁 #2 Choose your start age on purpose 🍁 #3 Confirm your real numbers in My Service Canada Account 🍁 #4 Plan for the OAS clawback (if your income is higher) 🍁 #5 Check your GIS eligibility (if your income is lower) 🍁 #6 Set up tax withholding so April isn't a shock 🍁 #7 Update your banking, address & marital status If you're approaching retirement in Canada, this is your essential checklist. ⏱️ CHAPTERS 0:00 The most important financial year 0:28 #1 Check your enrolment 2:00 #2 Decide your start age on purpose 3:30 #3 Confirm your real numbers 4:45 #4 Plan for the clawback 6:00 #5 Check GIS eligibility 7:10 #6 Mind the tax bill 8:30 #7 Update everything 9:30 Recap ▶️ START THE SERIES: CPP at 60 vs 65 vs 70 → [   • CPP at 60 vs 65 vs 70: The Real Math (2026)  ] ▶️ RELATED: The OAS Clawback Explained → [   • The OAS Clawback Explained — And How to Av...  ] ▶️ RELATED: GIS Explained → [video #5 link] 🔔 SUBSCRIBE for plain-English Canadian retirement explainers, every Mon/Wed/Fri: [   / @maplefinancewithmac  ] ————————————— 📊 SOURCES (as of June 2026): CPP & OAS enrolment, tax and application rules — Government of Canada / Service Canada (canada.ca) ⚠️ DISCLAIMER: This video is general education only — not financial, tax, or legal advice. Rules and figures change over time. Always confirm current details and your personal situation with Service Canada or a licensed Canadian professional. #CPP #OAS #RetirementCanada