What is the OAS Recovery Tax clawback rate?

The clawback rate is 15% on individual net annual world income that exceeds the threshold ($90,997).

Do seniors aged 75 and older receive higher OAS payments?

Yes, seniors aged 75 and older receive an automatic 10% increase in their regular monthly Old Age Security pension.

CanadaOAS Pension & 15% Recovery Tax ClawbackFinance

Canada Old Age Security (OAS) Pension & 15% Clawback Recovery Tax Calculator

Calculate your net Old Age Security (OAS) senior pension and determine your 15% OAS Recovery Tax clawback if your net individual world income exceeds the CRA threshold ($90,997).

Retraite et Pensions Fonds de Pension Impôts et Taxes

Données du Simulateur

En temps réel

Individual Net Annual Income Before OAS (CAD $)

CAD $

Sélection rapide :

Senior Age Category

Résultat CalculéOAS Pension & 15% Recovery Tax Clawback

Estimated Monthly OAS Pension Check (After Clawback)

538.3CAD $/mo

Annual OAS Recovery Tax Clawback (15% Over Threshold)

2,100.45 CAD $/mo

Total Net Annual OAS Pension Received

6,459.63 CAD $/mo

Détail du Calcul

Full OAS Pension

8,560.08 CAD $/mo

Income Over $90,997

14,003 CAD $/mo

OAS Clawback Tax

2,100.45 CAD $/mo

Net Monthly Check

538.3 CAD $/mo

Méthodologie de Calcul

OAS Clawback = max(0, Net Income - $90,997) * 15%. Net OAS = max(0, Full Annual OAS - OAS Clawback).

Avertissement Légal et Pédagogique

Full OAS clawback occurs when individual net income reaches ~$148,065 (ages 65-74) or ~$153,771 (ages 75+).

Ce simulateur est conçu à des fins éducatives et informatives. Les résultats ne constituent pas un conseil financier, fiscal ou juridique contraignant.