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You Have Earned Income of $56 000 for the Year

Question 95

Multiple Choice

You have earned income of $56 000 for the year. You have a defined-contribution plan to which your employer contributes 50 percent. This year the employer contributed $3500. How much of an RRSP contribution can you make?


A) $3500
B) $10 080
C) $3080
D) $6580

Correct Answer:

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