The OAS Pension Recovery Tax: What To Do If The Clawback Ain’t For You

   If you really want to light a fire in belly of most middle class retirees, I strongly suggest turning the conversation to how their OAS pensions are reduced if their taxable incomes top about $72,809 for the 2015 tax year. More specifically, they will lose $0.15 for every dollar in taxable income they receive above that point until, if they make enough, their entire OAS pension of $6,839.40 (the current maximum pension as of September 30, 2015) is a thing of the past. I...