{"id":1758,"date":"2026-02-27T14:47:07","date_gmt":"2026-02-27T14:47:07","guid":{"rendered":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/?p=1758"},"modified":"2026-05-29T14:48:50","modified_gmt":"2026-05-29T14:48:50","slug":"hot-topics-federal-pension-income-amount-tax-credit","status":"publish","type":"post","link":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/hot-topics-federal-pension-income-amount-tax-credit\/","title":{"rendered":"Hot Topics &#8211; Federal Pension Income Amount Tax Credit"},"content":{"rendered":"<p>Did You\u00a0Know?<\/p>\n<p>&nbsp;<\/p>\n<p>When you receive eligible pension, superannuation income, or annuity payments you are entitled to the $2,000 federal pension income amount tax credit of 15%, which will reduce your taxes payable generated from such income or payments.\u00a0 That means $300 in tax savings.<\/p>\n<p>&nbsp;<\/p>\n<p>If you don\u2019t receive pension income, once you turn 65, it is recommended in most instances to withdraw $2,000 annually from a Registered Retirement Income fund (RRIF) to access the pension income amount tax credit.<\/p>\n<p>&nbsp;<\/p>\n<p>Please give us a call if you are interested in learning more about eligible pension income and qualifying for the pension income amount tax credit!<\/p>\n<p>&nbsp;<\/p>\n<p>Sincerely,<\/p>\n<p>&nbsp;<\/p>\n<p>Harvey Morrison Private Wealth<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Did You\u00a0Know? &nbsp; When you receive eligible pension, superannuation income, or annuity payments you are entitled to the $2,000 federal pension income amount tax credit of 15%, which will reduce your taxes payable generated from such income or payments.\u00a0 That means $300 in tax savings. &nbsp; If you don\u2019t receive pension income, once you turn [&hellip;]<\/p>\n","protected":false},"author":241,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[19],"tags":[],"class_list":["post-1758","post","type-post","status-publish","format-standard","hentry","category-wealth-planning"],"_links":{"self":[{"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/posts\/1758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/users\/241"}],"replies":[{"embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/comments?post=1758"}],"version-history":[{"count":3,"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/posts\/1758\/revisions"}],"predecessor-version":[{"id":1761,"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/posts\/1758\/revisions\/1761"}],"wp:attachment":[{"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/media?parent=1758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/categories?post=1758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/tags?post=1758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}