$2,250 OAS Boost To Canadian Seniors In December 2024: Know Payment Date

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There is a big number of people in Canada who have been receiving the Old Age Security Pension benefits once they reach their retirement age. As a part of the retirement pension for low income senior citizens in Canada the government pays a monthly financial assistance to all those who are eligible under the OAS benefits 2024. According to our research we did not find the association of the $2,250 OAS Boost To Canadian Seniors In December 2024, as the exact amount of these payments was found to be slightly different. Moreover, the final amount of these payments depends upon the age and income of the OAS applicant. 

The OAS monthly financial assistance is a taxable payment given to the low income senior citizens of Canada in 2024 under the CRA. These payments are distributed on the basis of the $2,250 OAS Boost Eligibility Criteria 2024 that includes the age, income, work history, and location of the Candidate. The aim behind the release of the monthly OAS benefits is to help senior citizens during their retirement years. The OAS payments can be used to handle the monthly household expenses and bills, including groceries, electricity bills, transport, healthcare, etc. Those who have crossed the age of 65 can easily verify all the details from the official handle of the CRA. All OAS applicants are equally eligible to have the guaranteed Income Supplement 2024. Moreover, $445 Canada Family Benefit In December 2024 will also be issued for the eligible families in Canada.

$2,250 OAS Boost To Canadian Seniors In December 2024

$2,250 OAS Boost To Canadian Seniors In December 2024

The OAS payments are distributed only for senior citizens over the age of 65 and those who clear the eligibility criteria. It is being rumored that $2,250 OAS Boost To Canadian Seniors In December 2024 may be issued which is not true because no such announcement has been made by the CRA. The age of the OAS applicant should be over 65 years by 2024 and they must have lived in Canada for over 40 years during their working years before they retired. The applicants must be holding legal citizenship and permanent visas. The annual income of a single applicant over the age of 65 to 74 shall be less than $148,451. Meanwhile an applicant over the age of 75 shall be having an annual income less than $154,196. The average OAS payments amount for an individual over the age of 65 starts from $727.67. Similarly, for people who are over the age of 75 they are eligible for an amount of $800.44 from October to December 2024 after the cost of living adjustments. 

$2,250 Old Age Security Boost For Seniors 2024

About$2,250 Old Age Security Boost For Seniors 2024
CountryCanada
AuthorityCRA
DepartmentFinance
Year2024
Name of paymentsOld Age Security Payments
Amount$727.67 to $800.44
Payment datesNovember and December 2024
Frequency of paymentsMonthly payments
Official handleOfficial portal of the CRA

$2,250 OAS Boost Eligibility Criteria 2024

Check the $2,250 OAS Boost Eligibility Criteria 2024 through the points below.

  • The OAS 2024 payments are administered by the CRA, and the government of Canada hence, the OAS benefits are designed and available only for the legal citizens and permanent residents of Canada.
  • As per the residency rules the willing OAS applicant must have lived in Canada for over forty years during their working years before retirement. 
  • The age of the OAS applicant should be 65 years and above before they start with their OAS benefits from 2024 onwards, and they must have cleared all their tax returns.
  • The annual income of a single OAS applicant shall be less than $148,451 and for families the overall income should be less than $154,196. 

How To Claim $2,250 OAS Boost To Canadian Seniors In December 2024?

Instructions below will help you to Claim $2,250 OAS Boost To Canadian Seniors In December 2024.

  • Senior citizens from Canada who are over the age of 65, plus they meet the eligibility criteria are eligible to apply using the application form for OAS 2024 and apply for the payments.
  • Gather residence documents, birth certificate, work history, retirement documents, income proof etc and finalize your mode of application, that could be offline/online.
  • Visit the official handle of the CRA and login with your MSCA where you can apply with the application, check the status of your payments, and the status of your application.
  • Fill your application and make sure all the details are correct while you can attach a digital copy of all your documents for the purpose of verification, which takes place in 14 to 21 days. 

OAS Payments Dates 2024

MonthOAS Payments Dates 2024
November 202427th
December 202420th

OAS Benefit Amount In 2024

CriteriaOAS Benefit Amount In 2024
Over the age of 65$727.67
Over the age of 75$800.44

Fact Check – $2250 OAS Boost To Canadian Seniors In December 2024

According to our research we found that the $2,250 amount is reported for December 2024 OAS payments although this amount is not verified and the CRA has not confirmed any such amount. The exact amount of 2024 OAS payments is clearly mentioned above and the final amount is calculated as per the age, income and location of the willing applicant. All the willing applicants are requested to verify all the OAS related details from the official handle of the CRA before applying. 

FAQs For $2250 OAS Boost To Canadian Seniors In December 2024

What is the amount of OAS payments after the cost of living adjustments by 1.3% in December 2024 for low income senior citizens?

The base rate of OAS payments after cost of living adjustments in October to December 2024 the amount for senior citizens over the age of 65 starts from $727.67.

What are the OAS payments dates for November and December 2024 distribution scheduled by the CRA?

The November and December 2024 dates for OAS payments by the CRA will be distributed and released as per the schedule from 20th to 27th of the month.

Kiran Iyer

Kiran Is a full time content creator on simhachalamdevasthanam.net, She has experience of 7.5 Years in this field. She has been writing and editing content ever since. She has expertise in Finance and News articles as she has done her graduation mass media and communications.

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