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.

https://lifebuzz.ca/cpp-post-r....etirement-benefit-pr

#lifebuzz #calculateyourcpppostretirementbenefitprb #retirementnews #selfemployed #businessowners

How To Calculate Your CPP Post-Retirement Benefit (PRB)
Favicon 
lifebuzz.ca

How To Calculate Your CPP Post-Retirement Benefit (PRB)

Canadians 60-70 who collect CPP but remain employed can grow their pension through the CPP Post-Retirement Benefit program and extra contributions.