LifeBuzz: Calculate Your CPP Post-Retirement Benefit (PR - Self-Employment Considerations
LifeBuzz Retirement news explains how to calculate your CPP Post-Retirement Benefit (PR for self-employed Canadians who qualify for PRB but must contribute both employee and employer CPP premium portions, totalling approximately double the contribution rate of traditional employees, affecting return-on-investment calculations and PRB value assessments. Understanding how to calculate your CPP Post-Retirement Benefit (PR for self-employed individuals helps working senior business owners recognize they pay higher contribution rates but still benefit from same PRB formulas and age adjustments as employees, with maximum PRB amounts identical regardless of employment status.
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