October $2455 OAS Payment 2024: CRA Announces Payment Date, Eligibility, Claim & Fact Check

October $2455 OAS Payment 2024: OAS Payment for October 2024 is scheduled by Canada revenue agency in the last dates of the month. All The Eligible seniors in the country will receive their payment on the released date accordingly. According to the CRA news, senior can Receive up to $2455 payment in October as OAS.

So if you are also looking to check your $2455 OAS Deposit 2024 payment date then can read this article where we will share with you all the important details of OAS October 2024 payment including the expected amount, date of releasing the $2455 OAS Deposit 2024 payment, eligibility criteria for seniors, how to check Canada OAS October payment etc.

$2455 OAS Deposit 2024

The old age security program in the country is very beneficial for seniors who have crossed the age of 65 and want to get financial assistance from the government to complete their medical expenses, rental expenses, food expenses etc. All the seniors in the country who have crossed the 65 and more than the 75 are getting extra payment per month by the Canada revenue agency under the OAS program.

The schedule of the payment is changed by the CRA according to different month, the October payment will be release at the end of the month. However beneficiaries will get the fixed amount of the payment of $718.33, But they are receiving multiple news of getting $2455 payment in October.

OAS October Payment Date 2024

The $2455 OAS Deposit for all the seniors in the country who are getting monthly benefits of OAS will be released on the 29th October 2024 in the bank account of the beneficiaries directly. Apart from the OAS beneficiaries, individuals who are getting the monthly payment of CPP program in the country will also get their payment on 29th October.

However, if seniors do not receive their $2455 OAS Deposit payment on the scheduled date then they should wait for at least three working days to get the pending amount in the bank account. After that they can complain to the Canada revenue agency so they will release your payment accordingly.

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OAS October Payment Amount 2024

The payment for OAS is released into two categories including payment for the seniors between the age group of 65 to 74, and the age group of the seniors who complete the age of 75. So if you are between 65 to 74 then you will receive $727.67 In your bank account on the scheduled date. However if you cross the age of 75 then you will get additional 10% payment and will get upto $800.44. 

It is the fixed payment amount for the seniors in the country, so you are not required to invest in the pension program to get OAS payment and all the seniors will get the same payment accordingly.

Check OAS Payment Status 2024

If you are registered with the OAS program and want to calculate the October payment bank and follow the following procedure in your smartphone. You are required to provide your income information in the application form.

  • Visit to the official website of CRA and Locate the old age security plan.
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  • Now you can see how much you could receive link under the important section of this page.
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  • After that click on the link of old age security benefits estimator

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  • After that you will reach on the new page where you have to provide your basic information including how much salary you are getting, resistance status, number of years you are receiving the payment, marital status etc.

So the system will calculate Pension Payment for your application and you can wait for the date of releasing the payment to receive your amount.

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Fact Check

There is no authentic information released by the authority to provide $2455 payment in October to OAS beneficiary. However CPP which is the investment based program, is providing a good monthly payment according to the investment of the applicant, but OAS its providing a fixed payment to all the applicants.

So you will receive the maximum payment of $800.44 under the program. But the government will also provide GIS supplement to the individuals who are earning low income in the country for the maximum amount of S1027.88. So you can check the status of your payment accordingly and wait for the payment releasing date. 

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  • Hamid

    Hamid is is writing since 2020. He is preparing for Banks exams and has keen interest in knowing Finance news and latest information.

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