2024 Maximum Pensionable Earnings. Beginning january 1, 2024, you must deduct the second additional cpp contributions (cpp2) on earnings above the annual maximum pensionable earnings using the. The pensionable earnings correspond to the contributory salary and wages and include the following types of income:
Beginning january 1, 2024, you must deduct the second additional cpp contributions (cpp2) on earnings above the annual maximum pensionable earnings using the. The canada revenue agency has released the 2024 year’s maximum pensionable earnings (“ympe”) and the year’s additional maximum pensionable earnings (“yampe”) under the canada pension.