Never Keep Over THIS AMOUNT in Your Bank After 65 — It Quietly Destroys Your Pension

🔗 Claim the $3,400+ a year in benefits most Canadian seniors never claim — my complete plain-English handbook: https://waltercanada.com Many Canadian seniors may not realize that the amount of money held in certain accounts can affect their eligibility for income-tested benefits like GIS. Understanding how assets and income are assessed could help protect your retirement income. In this video, Walter Canada explains how bank account balances and savings can impact GIS eligibility, what income thresholds matter, and what Canadian seniors should know about asset testing after age 65. We'll discuss GIS eligibility rules, income testing, deemed income from savings, RRSP and TFSA differences, withdrawal strategies, and how certain financial decisions may reduce or eliminate income-tested benefits. If you're receiving GIS, approaching 65, or helping a parent or grandparent plan their retirement finances, this information is worth reviewing. Watch until the end — one common banking mistake can quietly reduce your GIS payments by hundreds of dollars every month. 🔔 Subscribe to Walter Canada for straightforward updates on CPP, OAS, GIS, retirement planning, Service Canada, and important news affecting Canadian seniors. ⚠️ Walter Canada is an independent educational channel and is not affiliated with the Government of Canada, Service Canada, or the Canada Revenue Agency. Information is provided for educational purposes only. GIS eligibility depends on individual income and circumstances. Always verify information through official Government of Canada sources.