CPP

CPP (Canada Pension Plan).  The purpose of CPP is to help Canadians save for their senior age. CPP is a mandatory contribution for all employees over 18 years of age and all employers, and is remitted to CRA through employers. As of 2013 the maximum you can contribute to CPP is $51,100. You can choose to receive your CPP as early as age 60. You can click here to look online to see how to sign up and check your CPP contributions.

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