CPP Is Increasing In 2025, Here’s How Much You’ll Pay Into It
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In this video, we’ll discuss how CPP has been expanding from 2019 to 2025, with the final year underway. I'll explain how these changes will affect your contributions this year and beyond, and how this expansion could impact the amount of CPP you receive in retirement.
➡️ Learn more about our services at https://www.parallelwealth.com/planning
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If you have any questions about this video's topic or retirement planning in general, visit https://www.parallelwealth.com/ or use the links below to learn more about our services.
➡️ More info on the CPP enhancement: https://www.canada.ca/en/services/ben...
➡️ Sustainability of CPP: • The Real Truth About The Sustainability of...
➡️ Here’s a useful article that goes into more detail about the future CPP maximums once the enhancement is fully in place: https://www.planeasy.ca/the-cpp-max-w...
➡️Fee For Service Retirement Planning: https://www.parallelwealth.com/planning
➡️Retirement Income Program™: https://www.parallelwealth.com/invest...
➡️Parallel Wealth Masterclass: https://www.parallelwealth.com/education
Additional 3rd Party Links and Resources:
🔗️Retirement Income for Life: Getting More without Saving More (Second Edition): https://amzn.to/3tvIdVN
🔗️Free Credit Report with Borrowell: https://bit.ly/borrowellPWFG
🔗️CPP Calculator: https://research-tools.pwlcapital.com...
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TIMESTAMPS
0:00 - Intro
0:17 - Phase one of the enhancement
1:12 - 2025 base CPP max contribution
2:35 - Phase two of the enhancement
3:20 - 2025 CPP2 max contribution
4:11 - 2025 total max contribution
5:08 - Steadyhand sponsor
7:01 - How the enhancement impacts retirement
9:05 - How much you could receive
10:51 - My thoughts
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DISCLAIMER: This presentation is for informational purposes only and should not be considered financial, investment, tax, or estate planning advice. All investments carry risk, and past performance does not guarantee future results. Any forward-looking statements are based on assumptions and may not reflect actual outcomes.
The content on this channel is for educational purposes only and does not provide specific investment or planning recommendations. Viewers should consult a qualified professional for retirement, tax, or estate planning guidance. Parallel Wealth and Adam Bornn are not responsible for any decisions made based on this content.