Private pension plans favour the rich because
A) workers with more income receive a better tax break on pension contributions
B) workers with more income can contribute more to RRSPs
C) workers with higher incomes are protected from inflation
D) workers with higher incomes make smaller contributions
E) workers with higher incomes are in a higher tax bracket and make lower pension contributions
Correct Answer:
Verified
Q37: The majority of defined benefit plan members
Q38: Locking in benefits means
A) benefits have to
Q39: Employer sponsored pension plans
A) are indexed to
Q40: Private pension plans make up approximately what
Q41: Private pension plans are not very useful
Q43: RRSPs are based on
A) annual contributions to
Q44: Who were the biggest contributors to RRSPs
Q45: The relative economic position of older adults
Q46: The incomes of older families have
A) been
Q47: The improvement in the incomes of older
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