$3,000 OAS Bonuses Coming On Christmas: Check Eligibility, Complete News

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The rumored ⁠$3,000 OAS Bonuses Coming On Christmas in Canada under the CRA is associated with the December 2024 payments under the Old Age Security benefits. Although the $3000 bonus is not yet announced by the government of Canada in any ways under the OAS benefits for 2024. The OAS benefits are distributed on a monthly basis although the bonus payments for December 2024 are not yet declared. Hence the OAS 2024 payments bonus reports could be false till it is not made official by the Canada Revenue Agency and the government of Canada. Till then the government will keep releasing their monthly benefits and the December 2024 regular OAS payments will be released as per the schedule by the CRA. 

In case the $3000 OAS bonus payments are released by the CRA, they shall be given to people who are already taking the OAS benefits for 2024. These payments need not be applied before using any separate application form, instead the payments will be transferred directly into the bank accounts of all the existing beneficiaries. Although the monthly OAS benefits are given on the basis of the established $3,000 OAS Christmas Gift Eligibility Criteria 2024 and they clear the application form and documents verification process. The OAS was established by the CRA, to help all low income senior citizens who are over the age of 65, and let them independently manage their monthly expenses including loans, groceries, etc. The CRA Benefits Payment Dates 2025 are out now and you should check the deposit dates.

$3,000 OAS Bonuses Coming On Christmas! Check Eligibility, Complete News

⁠$3,000 OAS Bonuses Coming On Christmas

Although there is no separate application form for the $3000 OAS 2024 bonus payments anticipated to be released in the month of December. There are many reports regarding the ⁠$3,000 OAS Bonuses Coming On Christmas or Generous Holiday Gift but there is no update on it by CRA. Therefore, these payments will be deposited directly into the bank accounts of all the beneficiaries or through paper cheques. The reason behind the release of extra bonus payments is to help senior citizens in Canada cope with the high rise in cost of living and inflation rates that affects their monthly benefits. These benefits will help low income citizens manage their holiday season expenses and pay their bills, while they can also pay a good sum for their future retirement years. 

⁠$3,000 Old Age Security Bonus In December 2024

About⁠$3,000 Old Age Security Bonus In December 2024
CountryCanada
AuthorityCRA
CategoryFinance
Name of the paymentsOAS
Amount$3,000
EligibilityLow income senior citizens in Canada who are already eligible under the OAS
Payment datesDecember 2024
FrequencyOne time bonus
Official handleOfficial handle of the CRA

$3,000 OAS Eligibility Criteria 2024

Know about the $3,000 OAS Eligibility Criteria 2024 through the points below.

  • The one time $3,000 bonus payments of OAS benefits for December 2024 will be given to senior citizens who qualify under the OAS benefits for 2024.
  • To qualify under the OAS benefits for 2024, all the senior citizens shall be legal citizens and residents of Canada over ten years after they turn 18.
  • All these applicants should be over the age of 65 by 2024 before applying for the payments, and they must be earning less than $73,200 and $81,300.

How To Claim ⁠$3,000 OAS Bonuses Coming On Christmas 2024

You should Claim ⁠$3,000 OAS Bonuses Coming On Christmas 2024 if released using the instructions below.

  • Since there is no valid evidence that the $3,000 OAS extra bonus payments will be released by December 2024, hence there is no application process.
  • The government might release direct deposits if these payments are confirmed, as per the existing data of all the candidates who are currently taking monthly OAS benefits.
  • Till then all the willing applicants under the OAS benefits need to update their personal information and bank details into their MSCA. 

OAS Monthly Regular Amount 2024

CriteriaOAS Monthly Regular Amount 2024
Over the age of 65 senior citizens$727.67
Over the age of 75 senior citizens $800.44

Fact Check – ⁠$3,000 OAS Bonuses Coming On Christmas

With all the latest articles and rumors all over the internet the government of Canada might release the extra bonus payments of $3,000 for senior citizens eligible under OAS. These payments are not yet announced or made official by the Canada Revenue Agency, hence there are chances that the government might not release these payments. The government of Canada will release its monthly OAS payments as per the schedule given by the CRA. In this article we mentioned the established eligibility criteria, applications process, amount and dates. Till the government confirms these payments, you can regularly check all the updates regularly from the official handle of the Canada Revenue Agency.

FAQs On ⁠$3,000 OAS Bonus In December 2024

What is the amount of the bonus payments of OAS released for the month of December 2024?

The OAS 2024 December extra payments for OAS beneficiaries will start from $3,000, though the amount is not yet confirmed.

What are the payment dates for OAS benefits for December 2024?

The OAS payments scheduled by the CRA for December 2024 will be released by 13th of the month.

What is the minimum amount of OAS in Canada?

The CRA based OAS benefits for 2024 released for senior citizens who are over the age of 65 and under 75 starts from $727.67.

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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