$3500 Old Age Security September 2024 Payment: Pay Date, Eligibility, and Fact Check

3500 Old Age Security September Payment 2024: The CRA planning to launch the pension plan to provide a $3500 amount to the Old Age Security conventional plan. The CRA has also predicted to launch the $3500 Old Age Security September Payment 2024 on 25th September 2024. If you are also a beneficiary, you can read this article where we will share with you the eligibility criteria for the $3500 Old Age Security payment, the payment date, how to get it, and other necessary information.

The Canadian government provides many types of cash assistance to its citizens. At the moment, the inflation rate in the country is high, due to which people are having difficulty in meeting their basic needs. In this article, we will focus on the $3500 Old Age Security payment. It is being said that the government has increased the amount of this payment for eligible beneficiaries.

Eligibility for $3500 Old Age Security September Payment 2024

• All Canadian citizens who are already registered with the CRA are eligible to receive the $3500 Old Age Security September Payment 2024.
• This scheme is specially designed for the senior citizens of the country, so if you are above 65 years of age, you can register yourself by visiting the OAS portal.
• All beneficiaries receive a flat payment every month, i.e. it does not include your younger age earnings or investments that can increase your payment.
• If you are living in the state, the authority will automatically update your CRA OAS payment and also provide additional payments.
• This scheme is especially for those senior citizens who are low-income earners and who are not earning enough money for their personal and family welfare.
• Only those people who pay annual taxes to the government can get the benefits of this scheme.

$3500 Old Age Security Sep Payment 2024: Overview

Payment Type	Payment Amount	Eligibility Criteria	Payment Date
Old Age Security (OAS) Payment	$3500	Senior Citizens, Age 65+	September 2024
Guaranteed Income Supplement (GIS)	Varies	Low-Income Seniors	September 2024
Allowance	Varies	Spouses of OAS Recipients	September 2024

$3500 Old Age Security September Payment 2024: Dates

The Canada Revenue Agency has prepared a chart of the payment dates for each month for the OAS scheme. Currently, citizens will receive the September payment, which is scheduled for September 25, 2024.

Now, OAS’s $3500 Old Age Security September Payment will be paid on September 25, 2024, the October payment will be on October 29, and the November payment on November 27, 2024. The December payment will be made on December 20th before we proceed with the holiday season.

So by the due right of the mailbox, one can perhaps look forward to the $3500 Old Age Security September Payment 2024 in the given potential beneficiary field. For this, visit the official website of CRA login to the OAS portal, and then navigate to the section that says ‘Click Here to Apply for Old Age Security Payment.’ The funds released will be channeled to the bank account of the beneficiaries within the shortest time possible.

Month	OAS Payment Dates 2024
August	28th
September	25th
October	29th
November	27th
December	20th

OAS $3500 Increase Payment 2024 Check

• In July 2022, Old Age Security income for seniors aged 75 and above was permanently increased by 10%.
• OAS benefits have increased by 0.7% for the July to September 2024 quarter, up 2.8% from the previous year.
• For any official updates, you can visit the official link to get the information.

Fact Check

Scrutiny was apparent especially when there were rumors that circulated on payments from the government. Hence one should always seek to get the information from an official source to avoid being given wrong information.

Also Read: $15,060-$20,440 Social Security Payments: Who’s Eligible & How to Qualify? 

There is no federal announcement reported for this year, that is 2024. Benefits from the different programs offered by the government will be decided by one’s income, work experience, and other factors that relate to the government. It is therefore advised to cross-check this information from the official websites or better still seek the advice of a financial planner.

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