How is CPP splitting calculated?

CPP splitting is calculated by adding the pensionable earnings together and dividing by two. This forms the permanent reallocation of pensionable earnings “credits” between spouses after a separation/divorce.

How is CPP splitting calculated?Ken Maynard CDFA, Acc.FM2023-08-14T15:53:35-04:00

Is CPP credit splitting worth it?

CPP credit splitting can be beneficial in certain circumstances. It may help a lower earning spouse qualify for benefits and can affect the amount of any current or future benefits under the CPP program for [...]

Is CPP credit splitting worth it?Ken Maynard CDFA, Acc.FM2023-08-14T15:58:24-04:00

Is my ex-spouse entitled to my CPP?

Yes, your ex-spouse may be entitled to a portion of your CPP through a process called credit splitting. This process is generally automatic upon divorce or legal separation in Ontario.

Is my ex-spouse entitled to my CPP?Ken Maynard CDFA, Acc.FM2023-08-14T16:14:15-04:00

What happens to my CPP when I get divorced?

When you get divorced, your Canada Pension Plan (CPP) contributions can be split between you and your ex-spouse. This process is known as credit splitting and can affect the amount of any current or future [...]

What happens to my CPP when I get divorced?Ken Maynard CDFA, Acc.FM2023-08-14T16:23:33-04:00

What determines spousal support entitlement in Ontario?

In Ontario, spousal support entitlement is determined by various factors including the length of the relationship, each party's income, and the need of the spouse seeking support. As a Certified Divorce Financial Analyst, I provide [...]

What determines spousal support entitlement in Ontario?Ken Maynard CDFA, Acc.FM2023-08-14T16:41:26-04:00

How to not pay spousal support in Canada?

Avoiding spousal support in Canada is a complex issue. Courts consider several factors to determine spousal support, and it's designed to maintain financial fairness after a separation. However, there might be circumstances where spousal support [...]

How to not pay spousal support in Canada?Ken Maynard CDFA, Acc.FM2023-08-14T16:55:23-04:00