Do This to Legally Pay LESS TAXES in Canada in 2026 (Especially If You're Single)

(33) If you're a single retiree in Canada, the tax system was built for couples — and it's quietly costing you up to $18,000 a year in lost OAS and age amount credits. Brian breaks down the single tax penalty, why the OAS clawback threshold of $95,323 hits middle-income retirees harder than they expect, and how the RRSP meltdown strategy lets you legally reduce taxable income before RRIF minimums lock you in. You'll learn when to start the meltdown (ages 60–65), how deferring CPP and OAS boosts your permanent payments, and how to use your TFSA as a tax-free income buffer. Practical, numbers-based retirement planning for single Canadians aged 55–65. Timestamps: 00:00 – Why single retirees face a hidden tax penalty in Canada 02:07 – OAS clawback and age amount credit: the double hit 05:20 – The RRSP meltdown strategy explained for single retirees 08:45 – When to start the meltdown and what it costs to wait 11:45 – Why most single retirees don't think the clawback applies to them 14:23 – The 4-step single retiree tax playbook 18:10 – Bringing it together: your legal path to lower retirement taxes Hashtags: #canadianretirement #oasclawback #rrspmeltdown #tfsa #retirementplanning