Registered Retirement Savings Plans (RRSPs) operate whereby
A) the federal and provincial governments allow income- tax deductions for contributions made to special retirement funds.
B) any unemployed worker is paid while searching for employment.
C) the federal government transfers funds to provincial governments.
D) eligible unemployed workers are paid while searching for new employment.
E) Canadians contribute during their working years and then receive payments when they are retired.
Correct Answer:
Verified
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