Understanding OAS (Old Age Security) - PART 1 https://www.youtube.com/watch?v=jZMcvHp7GLsPhilippines/Canada Agreement: https://tinyurl.com/4b23yannIn this second part of our OAS video, you’ll find out what happens to your OAS if you want to retire in the Philippines. You’ll learn that through a social security agreement between countries, you might still get a partial OAS even if you haven’t lived in Canada for 20 years.I’ll also explain how the OAS recovery tax, also called the OAS clawback, works—and what you can do to avoid it or pay less of it.Lastly, I’ll talk about whether you should start your OAS at age 65 or wait a bit longer, and the reasons why you might choose one or the other.===================================🔥 Don’t forget to subscribe and hit the bell for more videos on financial planning, saving for college, and all things related to personal finance in Canada!💬 Comment below if you have any questions about this important government benefit or if you want to personally work with me to optimize your insurance and investments here in Canada.DISCLAIMER: **All content on this channel is for educational purpose only and is not a financial advice**===================================Connect with me through any of my social accounts listed below.I’d love to support you on your journey!===================================Facebook: https://www.facebook.com/shielacabucol/TikTok: https://www.tiktok.com/@shielovesfinance Instagram: https://www.instagram.com/shiela.cabucol/ LinkedIn: https://www.linkedin.com/in/shiela-cabucol-a04544230/