GIS calculator and clawback estimator
See how pulling cash from a RRIF, TFSA, or paid work could change your Guaranteed Income Supplement (GIS) income limit next year. All math runs in your browser.
Model your income choices
See how pulling cash from a RRIF, TFSA, or work impacts your GIS next year.
Used for provincial income tax estimates only.
Age 65+ may qualify RRIF withdrawals for the federal pension income amount credit.
Gross withdrawal or earnings amount to test (before tax and GIS changes). This is not a net spendable target.
Taxable income already on your return (CPP, pensions, RRIF minimums, etc.). OAS and GIS are excluded.
Work or self-employment income already earned this calendar year. The $5,000 GIS exemption applies cumulatively to total eligible earnings.
Estimate only. Final GIS payments are determined by Service Canada based on your tax return.
Compare your options
Income in one calendar year generally affects GIS payments starting the following July. Estimates use the latest official GIS table as a guide.
Option 1: Pull from TFSA
- Gross amount
- $4,000
- Incremental income tax
- $0
- Monthly GIS change
- $0 (No GIS reduction)
- Total GIS change (benefit year)
- $0
Estimated amount retained after tax and GIS changes
$4,000
Why? TFSA withdrawals are not taxable and do not count as income for GIS.
TFSA withdrawals are non-taxable and excluded from GIS income. TFSA contribution room usually returns the next calendar year.
GIS rates shown use the July to September 2026 Service Canada payment table.
Option 2: Earn from work
- Gross amount
- $4,000
- Incremental income tax
- $202
- Monthly GIS change
- $0 (No GIS reduction)
- Total GIS change (benefit year)
- $0
Estimated amount retained after tax and GIS changes
$3,798
Why? Eligible employment has a partial GIS exemption; remaining earnings may still affect GIS and tax.
First $5,000 of total eligible earnings is fully exempt from GIS; 50% of the next $10,000 is exempt. CPP/EI payroll deductions are not modelled here.
GIS rates shown use the July to September 2026 Service Canada payment table.
Option 3: Pull from RRIF
- Gross amount
- $4,000
- Incremental income tax
- $202
- Monthly GIS change
- −$197.05/month (GIS reduction)
- Total GIS change (benefit year)
- −2,364.60
Estimated amount retained after tax and GIS changes
$1,433.40
Why? RRIF withdrawals are taxable and generally count fully toward GIS income.
RRIF withdrawals count as taxable income for GIS. RRSP withdrawal room is not restored. Minimum withdrawal and withholding rules can differ.
GIS rates shown use the July to September 2026 Service Canada payment table.
Official sources (canada.ca)
Last reviewed for this tool: 2026-07-02. Amounts may change.