At Fiscal Agents, we aim to provide our customers with the highest level of personal service in the investment planning industry. We understand that our customers are our greatest asset and should be treated with the respect and courtesy they deserve.
Dear Reader, the Guaranteed Income Supplement is a federal program that provides money to low-income seniors who receive Old Age Security (OAS). The OAS pension is payable at a flat rate regardless of income, but the GIS is reduced by $1 for each $2 of monthly income. GIS eligibility depends not only on an individual's income, but also upon his or her marital or common-law status. How you and your client invest the $100,000 will directly affect eligibility for GIS.
Since 1977, Fiscal Agents Savings & Investment Centre has grown considerably, providing the financial products and services with the expertise of a Deposit Broker and the understanding of a Life Insurance Agency.
Please keep in mind that these tools are not intended to provide investment advice. Financial decisions should not be made based solely on results from calculators found on the Internet. All examples are hypothetical and for illustrational purposes only. We make no representation or promises about the quality of the above linked calculators. Please consult your professional investment advisor to discuss your unique situation before making financial decisions.
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