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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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South Korean President Yoon Suk Yeol Fights for Release Amid Rebellion Charges

South Korea’s impeached president, Yoon Suk Yeol, made a case for his release before a Seoul judge on Saturday as the court deliberated on whether to approve a law enforcement request for his formal arrest. Yoon, who has been detained since Wednesday, faces potential rebellion charges linked to his declaration of martial law on December 3, which triggered the country’s most severe political crisis since its democratization in the late 1980s.

The Corruption Investigation Office for High-Ranking Officials, leading a joint investigation with police and the military, requested the Seoul Western District Court to issue a warrant for Yoon’s formal arrest. During the nearly five-hour closed-door hearing, Yoon’s lawyers argued that his decree was a legitimate exercise of his powers and that the rebellion accusations would not hold up in court.

The judge is expected to make a decision by late Saturday or early Sunday. If Yoon is arrested, investigators can extend his detention for up to 20 days, during which they will transfer the case to public prosecutors for indictment. If the court rejects the request, Yoon will be released and return to his residence.

Thousands of Yoon’s supporters rallied near the court, waving banners and shouting slogans calling for his release. The political turmoil continues as the Constitutional Court reviews whether to formally remove Yoon from office or reinstate him.

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