The Canadian Guaranteed Income Supplement can provide over $14,000 per year of tax free retirement income in addition to other government retirement benefits like Old Age Security (OAS) and Canadian Pension Plan income (CPP). Yet many Canadians don’t realize they’re eligible.

In this video, we talk to Owen Winkelmolen who takes us through the eligibility requirements, clawbacks and tax considerations involved in planning for GIS. Owen is a Certified Financial Planner and founder of PlanEasy. He only provides financial planning services for Canadians which limits the conflicts that can arise from also selling investment funds or insurance.

Owen has written extensively about GIS.
• What Is The Guaranteed Income Supplement? https://www.planeasy.ca/whatistheg...
• 5 Strategies To Help Increase Guaranteed Income Supplement (GIS) By Up To $100,000+ https://www.planeasy.ca/5strategies...
• What Is GIS Allowance? https://www.planeasy.ca/whatisgisa...
• Optimizing Your Government Benefits: Both Now and In Retirement https://www.planeasy.ca/optimizingyo...
• Case Study: LowIncome Retirement Plan https://www.planeasy.ca/casestudylo...
You can learn more about PlanEasy here: https://www.planeasy.ca/
Link to Owen’s YouTube Channel:    / @planeasy  

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Video Chapters
0:00 Introduction
2:17 What is Guaranteed Income Supplement?
4:12 GIS eligibility
6:28 Clawback
7:32 Applying for GIS
8:56 Is GIS worth applying for?
10:30 GIS tips and strategies


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