I'm a CPP expert. Any questions? - Page 47
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Thread: I'm a CPP expert. Any questions?

  1. #461
    Member
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    Jul 2016
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    Hi Dogger:

    I asked a question about CPP disability back in Nov 2016 and this is a technical question about the condensed disability form for individuals with a terminal illness - specifically question 10b dealing with children. This young couple has an infant child. The young man has advanced cancer. He is a freelance writer who works from home. His spouse does not work. They share the duties of caregiving for the child.

    Question 10b asks "Were you the prime caregiver for these children from birth until age 7?" I'm not sure how to answer this. If the answer is "No" I have to list any periods of time he was not the primary caregiver and explain why. I'm not sure how to deal with this. He was a primary caregiver but not the primary caregiver.

    Your opinion would be appreciated.


  2. #462
    Senior Member
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    Dec 2012
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    [QUOTE=RussT;1486721]Hi Dogger:

    I asked a question about CPP disability back in Nov 2016 and this is a technical question about the condensed disability form for individuals with a terminal illness
    QUOTE]

    RussT - This question is intended to identify which parent is eligible to claim the child-rearing dropout. It is usually claimed by the female parent unless she was clearly the higher wage-earner and the male parent was clearly the primary caregiver. I'd probably recommend just leaving that whole question blank for him.
    Accurate CPP estimates at Hidden Content or by email to Hidden Content

  3. #463
    Junior Member
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    Mar 2017
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    Would like more info

    Quote Originally Posted by Dogger1953 View Post
    I worked for CPP for more than 32 years, and have recently retired.

    I'd like to share my knowledge if you have any questions, especially around the calculation of CPP benefits.
    Hi,
    I am 56 and thinking of retirement, would like to get an accurate assessment of how much cpp I would receive.
    Can you give me your e-mail?

    Thanks,
    Patrick

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  5. #464
    Senior Member heyjude's Avatar
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    Quote Originally Posted by Kabby View Post
    Hi,
    I am 56 and thinking of retirement, would like to get an accurate assessment of how much cpp I would receive.
    Can you give me your e-mail?

    Thanks,
    Patrick
    Here is Doug's contact info page, from his website:

    http://www.drpensions.ca/contact-dr-pensions.html

  6. #465
    Junior Member
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    Mar 2017
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    [QUOTE=heyjude;1495097]Here is Doug's contact info page, from his website:



    Thanks heyjude.

    Patrick

  7. #466
    Junior Member
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    May 2017
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    1

    When can I stop contributing and still be eligible for maximum CPP benefit

    Hi Dogger,
    I have a question. I will turn 65 on Aug.1.
    I am self employed and incorporated. I would like to be eligible for my maximum CPP benefit. I have been working since 1978 and making maximum CPP contributions since 1983. My question is should I make a contribution this year ie the year I am turning 65, or would I be wiser to simply pay myself a dividend from my corporation and save myself the money I would be contributing to the CPP (as I am both the employee and the employer)?
    Many thanks

  8. #467
    Senior Member
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    Quote Originally Posted by oca2dja View Post
    Hi Dogger,
    I have a question. I will turn 65 on Aug.1.
    I am self employed and incorporated. I would like to be eligible for my maximum CPP benefit. I have been working since 1978 and making maximum CPP contributions since 1983. My question is should I make a contribution this year ie the year I am turning 65, or would I be wiser to simply pay myself a dividend from my corporation and save myself the money I would be contributing to the CPP (as I am both the employee and the employer)?
    Many thanks
    You need 39 years of max earnings to get a max CPP, so it doesn't sound like you'll quite get there. On the other hand, since you do already have 39 years of some level of earnings, making max contributions in 2017 may not increase your CPP all that much. I'd need to see your entire contributory record to CPP in order to quantify the cost/benefit, but I think I'd lean towards recommending dividends for 2017.

    Accurate CPP estimates at Hidden Content or by email to Hidden Content

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