You have earned income of $56 000 for last year.You have a defined-contribution plan to which your employer contributes 50 percent.The employer contributed $3500.How much of an RRSP contribution can you make this year,assuming you have no accumulated RRSP room?

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The Answer of You have earned income of $56 000 for last year.You have a defined-contribution plan to which your employer contributes 50 percent.The employer contributed $3500.How much of an RRSP contribution can you make this year,assuming you have no accumulated RRSP room?

You Have Earned Income of $56 000 for Last Year