The following statement is not true regarding employer sponsored Registered Retirement Savings Plans.
A) Fees are usually lower than for individuals.
B) Employee access is often limited to the principal or interest income prior to retirement.
C) The final retirement benefit is known in advance.
D) Allow employers to reduce taxes from source deductions.
E) Contributions may be made by the employer, the employee or both depending on the structure of the plan.
Correct Answer:
Verified
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