What is the OAS clawback threshold for 2026?

For 2026, OAS is reduced by 15% of net world income above $95,323, and fully eliminated once income reaches roughly $148,000–$154,000 (depending on age and OAS amount). TFSA withdrawals don't count toward the threshold, so shifting taxable withdrawals to your TFSA can reduce or avoid the clawback.

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OAS clawback

Will your OAS be clawed back?

If your net income tops the threshold, the government recovers 15 cents of OAS for every dollar over it. See how much — and how to keep more.

The OAS clawback — officially the pension recovery tax — reduces your Old Age Security once your net world income passes the annual threshold. Because TFSA withdrawals don't count as income, drawing from your TFSA instead of your RRIF can lower the income that triggers the clawback. Enter your numbers to see where you stand.

Net income (2026)

Your net world income — line 23400, before the OAS recovery.

Annual OAS received

Roughly $8,900/year at the 65–74 maximum.

Income you could shift to TFSA

TFSA withdrawals don't count toward the threshold.

OAS clawed back

$702

OAS you keep

$8,215

After the recovery tax.

Income over the threshold

$4,677

Estimate for education, not tax advice. Based on the 2026 threshold and 15% recovery rate; the recovery is applied July 2027–June 2028 against 2026 income. Your situation may differ.

What's next

What's your after-tax retirement income?Net income by source — TFSA, RRIF, CPP, OAS.Do you qualify for the GIS?The tax-free top-up and its income ceiling.Which drawdown strategy wins?Meltdown vs minimum RRIF on lifetime tax.