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Reaching Your CPP Contribution Maximum: What Workers Need to Know

  Understanding when you’ve hit the Canada Pension Plan (CPP) maximum contribution for the year can save you confusion—and help you make sense of your paycheques as the year goes on. The CPP is designed with an annual limit, meaning once you’ve contributed the maximum required amount, no further CPP deductions should come off your income for the rest of that calendar year. How CPP Contributions Work CPP contributions are based on: Your employment income The year’s maximum pensionable earnings (YMPE) The CPP contribution rate Each year, the federal government sets: A maximum amount of income on which CPP contributions apply (the YMPE) The maximum total contribution you and your employer must make Once your income reaches that threshold, your contributions stop automatically. How to Know You’ve Reached the Maximum Here are the simplest ways to tell: Check your pay stub Your pay stub shows year‑to‑date CPP contributions. Compare this number to the annual maximum ...
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"How to Conquer All Things with Energy and Persistence" by Benjamin Franklin


This is a great quote by Benjamin Franklin, one of the founding fathers of the United States and a renowned polymath. He was a scientist, inventor, diplomat, writer, and statesman who embodied the spirit of energy and persistence. He made many discoveries and inventions, such as the lightning rod, bifocals, and the Franklin stove. He also helped draft the Declaration of Independence and the Constitution, and negotiated the Treaty of Paris that ended the American Revolution.

This quote reminds us that nothing is impossible if we have the will and the determination to pursue our goals. It also encourages us to overcome obstacles and challenges with courage and resilience. Energy and persistence are essential qualities for success in any field or endeavor.



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