I noticed all these threads are regarding self employed income. What if you have a corporation and are paying yourself a salary? Is there a way to avoid paying into CPP at age 65? I would already be at my maximum CPP and adding more will not increase my payout. Also, I would like to defer my CPP to 70. If this cannot be done would paying myself dividends be the best solution?
CPP election to quit paying at age 65
in 2020
Posted
I noticed all these threads are regarding self employed income. What if you have a corporation and are paying yourself a salary? Is there a way to avoid paying into CPP at age 65? I would already be at my maximum CPP and adding more will not increase my payout. Also, I would like to defer my CPP to 70. If this cannot be done would paying myself dividends be the best solution?