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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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Your daily horoscope: March 15, 2025

 

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HOROSCOPES IF TODAY IS YOUR BIRTHDAY

As Mercury turns retrograde on your birthday your thoughts could get a little muddled at times over the coming year. Make sure every decision you make is based on facts and figures that cannot be disputed. It’s better to be boring than wrong.

ARIES (March 21 - April 20):

You cannot afford to take an indifferent approach to what you are working on this weekend. As mind planet Mercury turns retrograde in your sign today you will have to consciously force yourself to take your tasks seriously. There can be no half measures.

TAURUS (April 21 - May 21):

The more you think about something the more confusing it seems to get, so take the hint and put it out of your mind, at least for the next 48 hours. Some time before the sun changes signs on the 20th it will start making sense again.

GEMINI (May 22 - June 21):

Don’t waste your time worrying about what has gone wrong in your life. There is no way you can turn back the clock and change things, so accept the situation for what it is and move on to the next big challenge – it won’t be long in coming.

CANCER (June 22 - July 23):

You have been very much on the ball lately and there is nothing on the cosmic horizon to suggest that is going to change. You will, however, have to deal with a dispute that has nothing to do with you, because others see you as an honest broker.

LEO (July 24 - Aug. 23):

No matter how unsettling the past few weeks have been you have lots to look forward to and when the sun moves in your favour on the 20th the efforts and sacrifices you have made will pay off in a big way. Keep smiling and keep striving.

VIRGO (Aug. 24 - Sept. 23):

Because it took place in your sign yesterday’s lunar eclipse hit you harder than most people, so be good to yourself this weekend and take things easy. No matter what some people may say you have nothing to prove, to the world or to yourself.

LIBRA (Sept. 24 - Oct. 23):

Something will happen over the next few days that restricts your options and forces you to focus on matters you would prefer to ignore. Get your act together, do what needs to be done and show others you are still very much on the ball.

SCORPIO (Oct. 24 - Nov. 22):

The events of the past few days have left you feeling a bit shell-shocked but Scorpio is nothing if not resilient and you will soon bounce back. Anyone who thinks the knocks you have taken will slow you down is in for a big surprise.

SAGITTARIUS (Nov. 23 - Dec. 21):

Most of the things you have been worrying about are of no real importance and what occurs next will remind you that overall life is still a lot of fun. Do something that lifts your spirits this weekend and watch as it lifts other people’s spirits as well.


CAPRICORN (Dec. 22 - Jan. 20):

You may be of the opinion that certain individuals are not pulling their weight, and you may be right, but it’s not your business to make an issue of it. Employers and other important people have noticed as well and won’t be slow in taking action.

AQUARIUS (Jan. 21 - Feb. 19):

If you get the chance to finish something of a creative nature you must seize the opportunity and get it done. You can still have a fun weekend but you will get more enjoyment from doing a necessary job well than from taking it easy.

PISCES (Feb. 20 - Mar. 20):

If you did something hurtful during yesterday’s lunar eclipse then you must act fast to heal the rift it caused. Don’t be afraid to say sorry and don’t give others the impression that you are just going through the motions – they have to believe it.

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