In the first part of our video on the Canada Pension Plan (CPP), we’ll cover the basics: What CPP is, how it works, and the factors that affect your benefits. We’ll explain who needs to contribute and how those contributions add up over time. We’ll also go over the eligibility requirements so you’ll know when you can start receiving benefits. Plus, we’ll discuss what happens if you choose to take your CPP early or later. This section will give you a clear understanding of CPP and how it impacts your retirement planning.