CRA reveals maximum pensionable earnings, contributions for 2024

By Anosha Khan (November 1, 2023, 2:46 PM EDT) -- The Canada Revenue Agency (CRA) has announced that starting Jan. 1, 2024, $68,500 will be the maximum pensionable earnings under the Canada Pension Plan (CPP). This number is up from $66,600 in 2023 with the basic exemption amount for 2024 remaining at $3,500....

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