GIS Income and Clawback Estimator
Model your income choices
See how pulling cash from a RRIF, TFSA, or work impacts your GIS next year.
Target amount to test from RRIF, TFSA, or work.
Current taxable income (CPP, pensions, RRIF minimums).
Estimate only. Final GIS payments are determined by Service Canada based on your tax return.
Compare your options
Option 1: Pull from TFSA
Monthly GIS impact (next benefit year)
$0/month (Full GIS maintained)
Est. income tax owed
$0
Total net value kept
$3,000
100% of target amount
TFSA withdrawals are non-taxable and completely excluded from GIS income calculations.
Option 2: Earn from work
Monthly GIS impact (next benefit year)
$0/month (No GIS reduction)
Est. income tax owed
$525
Total net value kept
$2,475
83% of total earnings
Work exemption applied: First $5,000 of work income is 100% exempt from GIS calculations.
Option 3: Pull from RRIF / RRSP
Monthly GIS impact (next benefit year)
-$125/month (GIS reduction)
Est. income tax owed
$525
Total net value kept
$975
33% of withdrawal amount
RRIF withdrawals count as 100% taxable income, triggering the standard 50% GIS reduction.
Official sources (canada.ca)
Last reviewed for this tool: 2026-07-02. Amounts may change.