What benefits are available to my family if I pass away before or shortly after collecting my CPP?
What benefits are available to my family if I pass away before or shortly after collecting my CPP?
If you pass away before collecting your CPP, your family may be eligible for a death benefit of $2,500, a survivor pension, and children's benefits, if applicable. If you pass shortly after starting to collect CPP, your survivor may inherit the pension based on your contributions. Always ensure your beneficiary designations are updated and consider establishing a financial plan to support lucrative benefits for your loved ones.