OAS Clawback 2027 Canada

CA OAS clawback 2027: 15% recovery tax on income over ~$93K (estimated, indexed). Full clawback ~$152K. Defer OAS to age 70 for higher base.

Clawback
Net OAS
% Clawed Back
Net income (line 23600)
Clawback threshold 2027
OAS benefit annual
Recovery tax (clawback)
Net OAS received
Percent clawed back
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OAS (Old Age Security) Recovery Tax — the 'clawback' — reduces OAS benefits by 15% of every dollar of net income above ~$93 000 (2027 estimate, indexed annually). Full clawback by ~$152 000. Strategies exist to minimize: pension splitting, TFSA over RRIF, deferring OAS to age 70.

Clawback Mechanics 2027

If net income exceeds the threshold (estimated $93K for 2027), 15 cents of OAS clawed back per dollar of excess income. Full annual OAS ($8 550 est. 2027) fully recovered if net income exceeds $152K. Reported as additional tax on line 23500.

Minimization Strategies

Pension splitting (up to 50% of eligible pension income to lower-income spouse). Draw TFSA before RRIF to lower taxable income. Defer OAS to age 70 (36% higher base, may avoid clawback). Convert non-registered to TFSA over years.

Deferring OAS to 70

Each month deferred increases OAS by 0.6% (7.2% per year, max 36% at age 70). Useful if you expect higher income in early retirement years that would otherwise trigger clawback.

Last updated May 2026. Sources: Canada.ca OAS.