Canada OAS 2025: Only These Seniors Will Receive $2,350 Direct Deposit

OAS $2,350 Direct Deposit Coming in 2025: Who Qualifies and How to Get It

In 2025, many Canadian seniors are set to receive a significant financial boost—up to $2,350 per month—through a combination of Old Age Security (OAS) and the Guaranteed Income Supplement (GIS). However, not everyone will be eligible for this full amount. This guide breaks down the eligibility criteria, how the payment system works, and what steps you need to take to receive the benefits.

Whether you’re planning your retirement, helping aging parents, or advising clients on senior benefits, understanding these government programs is essential. Knowing the rules today can help ensure you don’t miss out on benefits tomorrow.

What You Need to Know About the $2,350 Direct Deposit in 2025

The OAS and GIS programs play a critical role in supporting Canadian seniors, especially those living on fixed or low incomes. While the $2,350 monthly deposit is real, it’s not automatic for everyone.

To maximize your chances of receiving the full amount:

• Understand the eligibility rules for both OAS and GIS.
• File your taxes on time each year.
• Stay informed about income thresholds and application processes.
• A little planning now can go a long way in securing your financial future. If you or a loved one may qualify, now is the time to prepare.

Program	Eligibility	Maximum Monthly Payment (2025)	Income Threshold
OAS	Age 65+, Canadian resident for 10+ years	$727.67 (65–74), $800.44 (75+)	Income below $142,609 (75+)
GIS	OAS recipients with low income	Up to $1,086.88	Below $22,056 (single)
Combined Total	OAS + GIS	Up to $2,350.32	Based on income + marital status

What Is Old Age Security (OAS) in Canada?

Old Age Security (OAS) is a monthly pension benefit provided to seniors aged 65 and above. As one of Canada’s core retirement income programs, OAS is unique because it’s not based on employment history. Unlike the Canada Pension Plan (CPP), which depends on your work contributions, OAS is funded by general tax revenues and can be received even if you’ve never worked.

OAS Eligibility Criteria for 2025

To qualify for OAS in 2025, you must meet the following conditions:

• Be 65 years of age or older
• Be a Canadian citizen or legal resident
• Have lived in Canada for at least 10 years since age 18 (for a partial pension)
• Have lived in Canada for 40 years after age 18 (for the full pension)

Note: Even if you currently live outside of Canada, you may still be eligible if you meet residency requirements or are covered under a social security agreement with another country.

OAS Payment Amounts for 2025

OAS payments are adjusted every three months to reflect inflation. As of January to March 2025, the maximum monthly amounts are:

• Ages 65 to 74: $727.67
• Ages 75 and older: $800.44
• Income Clawback Alert: If your annual income exceeds $86,912, your OAS payment will be reduced due to a recovery tax (also called a clawback).
• Full OAS is completely clawed back at $142,609 (for ages 65–74)
• Or at $148,179 (for those aged 75+)

What Is the Guaranteed Income Supplement (GIS)?

The Guaranteed Income Supplement (GIS) is an additional non-taxable monthly payment added to OAS. It is specifically designed to assist low-income seniors who rely on financial support during retirement.

GIS Eligibility for 2025

To be eligible for GIS, you must:

• Be 65 or older
• Be living in Canada
• Be receiving OAS
• Have an annual income below the government’s income thresholds

GIS Income Limits in 2025

Your GIS eligibility and payment amount depend on your marital status and total household income. The income thresholds are as follows:

Single, widowed, or divorced: Less than $22,056

• Married/common-law (both receiving OAS): Combined income under $29,136
• Married/common-law (only one receiving OAS): Combined income under $52,848

Guaranteed Income Supplement (GIS) Payment Amounts for 2025

For the period of January to March 2025, the maximum GIS monthly payments are:

• Single seniors: $1,086.88
• Married/Common-law (both receiving OAS): $654.23 per person
• Married/Common-law (spouse not receiving OAS): Up to $1,086.88

GIS amounts are adjusted quarterly and depend on your total household income and marital status.

How to Apply for the OAS $2,350 Direct Deposit in 2025

The combined monthly payment of up to $2,350 includes both Old Age Security (OAS) and the Guaranteed Income Supplement (GIS). Here’s how to apply:

1. Automatic Enrollment for OAS

• Many Canadians are automatically enrolled in OAS if Service Canada already has your records.

• You’ll receive a notification letter a few months before your 65th birthday.

• If you’re automatically enrolled, no further action is required.

2. Manual Application for OAS

• If you don’t receive a letter, you must apply manually.
• Apply at least six months before your 65th birthday through one of the following methods:

Online via My Service Canada Account

By mail: Complete and submit Form ISP-3000

GIS Application Process

Unlike OAS, GIS is not automatically renewed unless you file your income tax return on time each year.

New applicants must complete a GIS application.

Returning recipients should ensure their taxes are filed annually to allow CRA to assess eligibility.

Understanding the $2,350 OAS Direct Deposit Amount

The $2,350 monthly direct deposit figure refers to the maximum combined benefit that a single senior aged 75 or older can receive if they fully qualify for both Old Age Security (OAS) and the Guaranteed Income Supplement (GIS).

Here’s the breakdown:

• OAS (age 75+): $800.44
• GIS (single individual): $1,086.88

Additional provincial benefits or top-ups: May add $300–$400, depending on your province or territory

Important: Not all seniors will receive the full $2,350 amount. It is intended for low-income seniors aged 75+ who meet strict eligibility requirements for both federal and provincial support programs.

Other Federal Support Programs for Seniors Aged 60–64

Even if you’re not yet 65, there are other benefits you may qualify for:

1. Allowance (Ages 60–64)

The Allowance is a monthly payment for individuals aged 60 to 64 who are:

• The spouse or common-law partner of someone receiving OAS and GIS
• Living in Canada and meeting residency requirements
• Earning a combined income below $40,800
• Maximum monthly payment in 2025: $1,381.90

2. Allowance for the Survivor

Widowed individuals aged 60 to 64 may qualify for the Allowance for the Survivor, designed to support those who have lost their spouse or partner.

To qualify, you must:

• Be aged 60 to 64
• Have an income below $29,112
• Meet Canadian residency requirements
• Maximum monthly payment in 2025: $1,647.34

OAS and GIS Payment Dates for 2025

Old Age Security (OAS) and Guaranteed Income Supplement (GIS) payments are issued monthly, usually near the end of each month. Staying updated with payment dates helps in better financial planning.

Here are the scheduled payment dates for early 2025:

• January 29, 2025
• February 26, 2025
• March 27, 2025
• April 28, 2025
• May 28, 2025

Tip: To avoid any payment delays, ensure that your direct deposit information with Service Canada is accurate and up to date.

Frequently Asked Questions (FAQs)

1. How do I know if I’m enrolled for OAS?

• If you’re automatically enrolled, Service Canada will send you a letter a few months before your 65th birthday.
• If you don’t receive this letter, you’ll need to apply manually online or by mail.

2. Can I work and still receive OAS and GIS?

• Yes, you can work while receiving OAS and GIS.
• However, GIS is income-tested, meaning your earnings could reduce or eliminate your GIS payments if your income exceeds the threshold.

3. Are OAS and GIS payments taxable?

• OAS: Yes, it is considered taxable income.
• GIS: No, it is non-taxable and will not affect your tax return.

4. Can I receive OAS or GIS while living outside Canada?

• OAS: Yes, you can receive it abroad if you have lived in Canada for at least 20 years after turning 18, or if you qualify under an international social security agreement.

•  GIS: No, GIS stops if you are outside Canada for more than six months.

5. How can I get the maximum $2,350 monthly payment?

To qualify for the full combined amount, you must:

• Be 75 years of age or older
• Be living in Canada
• Have little or no income
• Receive full OAS and full GIS
• Possibly qualify for provincial or survivor benefits