Which of the following statements with respect to Registered Pension Plans (RPPs) is NOT correct?
A) An employer can sponsor both an RPP and a Deferred Profit Sharing Plan.
B) Employee contributions provide the contributor with a credit against tax payable.
C) Employer contributions do not constitute a taxable benefit for the employee.
D) Employee options at retirement are determined by the terms of the plan.
Correct Answer:
Verified
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