How to Plan for the OAS Clawback in 2025: Financial Tips for Seniors
Understanding the OAS Clawback in 2025 Defining the Old Age Security Clawback So, what exactly is the Old Age Security (OAS) clawback? Basically, it’s when the government reduces or even eliminates your OAS pension payments because your income is too high. Think of it as a tax on higher-income seniors. The OAS clawback, officially known…