New tools help clients plan for OAS changes

By Staff | January 15, 2013 | Last updated on January 15, 2013
1 min read

Most people already know that Canadians under the age of 50 will not receive their OAS benefits until the age of 67, instead of 65.

Read: Applying OAS for rich clients

To help these clients plan for the change, Ativa Interactive Corporation has introduced two new tools.

A video explains the changes, while a calculator determines exactly when clients will start receiving OAS benefits under the new rules, how much money they’ll miss out on and how much they need to set aside to make up the shortfall.

Read: Prepare clients of OAS and tax changes

“These online tools are a perfect starting point for individuals to have a conversation with their financial professional about the importance of a retirement plan, or bumping up an existing plan to prepare for the shortfall,” says Tony Valaitis, managing partner of Ativa Interactive.

Read: OAS deferral strategies

He adds, “Video is one of the fastest growing mediums to communicate with individuals, especially when explaining complex concepts like the changes to Canada’s OAS program.” staff


The staff of have been covering news for financial advisors since 1998.