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2018 personal tax rate updates
2018 personal tax rate updates

2018 personal tax rate updates

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    New personal tax rates take effect with your February 1st pension payment

    In accordance with the changes to personal tax rates made by the federal government the amount of tax deducted from your monthly HOOPP pension may change beginning February 1, 2017. The impact to your net pension payment will depend on the amount of your HOOPP pension.

    For more information on personal tax rates, please visit the Canada Revenue Agency’s (CRA) website.

     
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        This document provides a simplified overview of HOOPP's benefits based on the terms of the HOOPP Plan Text at the time of publication. From time to time, HOOPP may amend the HOOPP Plan Text. In cases where the information provided in this document differs from that contained in the HOOPP Plan Text, the HOOPP Plan Text will govern. More details, including the full HOOPP Plan Text and a complete description of the Plan and its benefits, can be found on hoopp.com.