$1,546 OAS Direct Deposit in June 2025: Who’s Eligible in Canada?

$1,546 OAS Direct Deposit June 2025: Keeping in mind the rising inflation in Canada and the financial challenges of retired citizens, the government has decided to provide Old Age Security (OAS) Direct Deposit of $1,546 in June 2025. This payment will bring great relief to senior citizens who depend on government assistance to meet their monthly expenses. In this article, we will know in detail who will get this payment, what are the eligibility criteria, when the payment will come and how to apply.

What is OAS? – Security shield for the elderly

OAS (Old Age Security) is a federal pension program run by the Government of Canada, which provides monthly payments to eligible citizens aged 65 years or above. This pension is based on the period of residence in Canada, not on income or contribution. Under this, many citizens are also given additional benefits like GIS (Guaranteed Income Supplement) and Allowance.

How was the amount of $1,546 decided?

The OAS payment in 2025 has been revised keeping in mind the inflation rate. The Government of Canada has implemented this increase under the Cost of Living Adjustment (COLA). If someone also gets GIS or Allowance along with the normal OAS payment, the total amount can reach $1,546.

What is the date of payment in June 2025?

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The tentative date for OAS direct deposit for June 2025 is June 26, 2025. This amount will be deposited into your bank account if you have given the CRA (Canada Revenue Agency) your latest banking details.

Who, when, and to whom the 1,546 in OAS is given?

Qualification to receive this allowance is only given on fulfilling certain eligibility criteria:
The applicant shall be 65 years of age.

• You must have resided in Canada for at least 10 years (as a permanent resident or citizen).
• You must have filed your OAS application on time.
• Your account with the CRA is up to date and you have enrolled for direct deposit.

If you live outside Canada, you may still be eligible for OAS, but your length of residence and citizenship status will be taken into account.

How to apply?

If you have not yet applied for OAS, you can apply in the following ways:

• Apply online – through [My Service Canada Account (MSCA)].
• Send an application form by post.
• Apply at your nearest Service Canada office.

The following documents will be required when applying:

• Birth certificate
• Proof of residence in Canada
• Bankship statements (for Direct Deposit)
• Citizenship or Permanent Residence Certificate

Other benefits available with OAS

In addition, if your very low-income levels, you could also qualify for the guaranteed income supplement (GIS), which could add money to your monthly income. Besides, if your income is below that of your partner, you could similarly benefit from schemes such as Allowance or Allowance for the Survivor.

What to do if you already receive OAS?

If you get OAS already and register for direct deposit to a bank account, you do not need to do anything else. In June 2025, the bank will automatically credit an increased value of $1,546 to your account.

What to do if payment is delayed?

• If you have not received a payment by 26 June 2025,
• Wait for 3 – 5 working days first.
• Then contact the CRA or Service Canada.
• Check your bank account status.
• Make sure information is updated on the CRA portal.

Is OAS payment taxable or not?

Yes, OAS payment falls under taxable income. You may also be subject to OAS claw-back or OAS recovery tax if your total annual income exceeds a certain limit. For the year 2025, this limit is estimated to be around $90,997.

OAS Direct Deposit June 2025: A ray of hope for seniors

Need for financial stability for seniors The elderly population in Canada is increasing, and financial stability has become an urgent need for them. Many seniors depend on fixed income after retirement, in which benefits like OAS play an important rolThe announcement by the government for a direct deposit of $1,546 in June 2025 is therefore a relief and proof that the government is seriously considering the needs of seniors.

What does the $1,546 amount include?

This amount of $1,546 is not just OAS (Old Age Security) — it includes:

• Basic OAS pension
• GIS (Guaranteed Income Supplement) if you have a low income
• Allowance if you are 60–64 and spouse is taking OAS
• Increases linked to COLA (Cost of Living Adjustment)
• The government reviews these payments every quarter and revises them according to the inflation rate.

The benefits of OAS are not just limited to money

For many seniors, OAS is not just an income, but:

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• A means of independence
• A means of meeting medical needs
• Support in regular expenses like electricity, gas, rent
• It also mentally maintains self-esteem

Get Provincial Benefits Along With OAS

Many Canadian provinces offer additional benefits to OAS beneficiaries:

• Ontario Seniors’ Public Transit Tax Credit
• BC Senior’s Supplement
• Alberta Seniors Benefit
• Nova Scotia Age Credit
• If you live in these provinces, you can get these benefits along with OAS.

Can you get OAS while living abroad?

Yes, if you:

• have lived in Canada for at least 20 years (after age 18),
• or have a Canadian Social Security Agreement with your country,
• you can get OAS while living abroad. However, benefits like GIS are only available to Canadians.

Do you have a high income? Know the claw-back rules

• If your net income is more than $90,997 (2025 est.), then:
• You will have to file an OAS claw-back
• This means a set percentage will be deducted from OAS as tax
• So seniors with higher incomes do not get much benefit from OAS.

Why is direct deposit better?

• Timely payments: Usually the amount is credited to the account on the due date
• Low risk of fraud: No check can be stolen
• Simple record keeping: Easy to track in bank statements
• If you have not activated direct deposit, update it immediately by going to CRA MyAccount.

Keep an eye on future plans

OAS is just the beginning. The government is considering several plans for 2025 and beyond:

• Automatic enrollment for GIS
• Linking OAS amounts to more CPI
• Senior dental and pharma care plans
• The next few years can be very beneficial for seniors.

Conclusion

The OAS direct deposit of $1,546 is an important financial support from the Government of Canada for seniors who are struggling to manage their expenses in this era of inflation. If you are eligible, make sure you have completed all the required documents and application on time. The $1,546 OAS payment in June 2025 is a golden opportunity, especially for seniors with limited income. If you have not yet applied or updated your information, act immediately.

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