$978 OAS Payment Dates 2024 – Benefits Increase For January & February

# Old Age Security (OAS) Payment Update for 2024

The Department of Employment and Social Development of the Canadian Federal government in conjunction with the Canada Revenue Agency has announced the introduction of a $978 Old Age Security payment for the year 2024. This payment is intended for retirees who are 65 years of age or older and struggling with the rising costs of basic necessities. The OAS program offers financial assistance to eligible recipients, and it is important to be aware of the payment dates and eligibility criteria. If you are eligible for this payment, it’s crucial to keep track of the OAS payment dates for 2024.

➤ OAS Payment Dates for 2024

The $978 OAS Payment for 2024 will be distributed at the end of every month. Here are some key dates to mark in your calendar:

– January: 29th January, 2024
– February: 27th February, 2024
– March: 26th March, 2024
– April: 26th April, 2024
– May: 29th May, 2024
– June: 26th June, 2024
– July: 29th July, 2024
– August: 28th August, 2024
– September: 25th September, 2024
– October: 29th October, 2024
– November: 27th November, 2024
– December: 20th December, 2024

➤ $978 OAS Payment Eligibility Criteria for 2024

To qualify for the $978 OAS Payment for 2024, individuals must meet certain criteria. Here are the key eligibility requirements:

– Must be 65 years of age or older
– Canadian citizenship is required
– Must have resided in Canada for a minimum of ten years after turning 18
– The application can be made online through the official website of the Canada Revenue Agency or by following the instructions provided

➤ How to Apply for the $978 OAS Payment Online

The application procedure for the $978 OAS Payment for 2024 can be completed in six simple steps:

1. Verify if you must apply for $978 Old Age Security in 2024
2. Decide when to start receiving your $978 Old Age Security in 2024
3. Fill out and send in your application
4. Wait for a response from the relevant authority
5. Check the status of your application
6. Receive your $978 OAS Payment

✔️ Frequently Asked Questions

✍️When is the $978 OAS Payment 2024 issued to the beneficiaries in the month of January?
The date of $978 OAS Payment issuing to the beneficiaries in the month of January is 29th January, 2024.✍️

✍️What is the age criteria to apply for the $978 OAS Payment 2024?
The age criteria to apply for the $978 OAS Payment 2024 is 65 years or more than that.✍️

✍️What is the amount paid to the beneficiaries under the new OAS Increase 2024?
The amount paid to the beneficiaries under the new OAS Increase 2024 is $978.✍️

For further details and to apply for the $978 OAS Payment, visit the [Canada Revenue Agency’s official website](https://www.canada.ca/).

In conclusion, the $978 Old Age Security payment for 2024 offers crucial financial support to eligible retirees, and being well-informed about the payment dates and application process is essential to ensure timely benefits.

This article has provided an overview of the $978 OAS Payment for 2024 and the essential details related to it. Understanding the eligibility criteria and important payment dates will enable individuals to make the most of this beneficial program.

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