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Is there any way to find out how much my CPP is worth when I retire?
website calculator? something I can put my personal info into that will give an accurate amount.
1 Answer
- MohammadLv 78 years agoFavorite Answer
1. The Canada Pension Plan, or CPP, is a plan that workers contribute to while employed and receive benefits from when they retire or become disabled. All working people are required to contribute to the CPP, and provided you have contributed, you are eligible to receive CPP payouts starting at age 65 (though you can receive reduced payouts beginning at age 60). Employers and employees alike can calculate their CPP payments using base income and the current contribution rate.
2. For detailed instructions please read more: How to Calculate CPP | eHow.com http://www.ehow.com/how_6157827_calculate-cpp.html...
3. Online retirement income calculator is available at the the Service Canada.
4. Please read the undernoted site for instructions as to how to use the online calculator:
http://www.ehow.com/how_8303413_calculate-cpp-reti...
.
Read more: How to Calculate CPP Retirement | eHow.com http://www.ehow.com/how_8303413_calculate-cpp-reti...
Source(s): http://www.ehow.com/how_6157827_calculate-cpp.html ..... http://www.ehow.com/how_8303413_calculate-cpp-reti...
