FIN2303-Quiz-Q (22)

21 00:18:28 Test #1 (Chapters 1, 2, 3 & 5) Help Save & Exit Submit Saved What is a benefit of RRSPs? Multiple Choice You do not have to have earned income to contribute to an RRSP as long as you are 18 years old Withdrawals from the plan are tax free if taken during retirement You can recontribute any amounts from an RRSP the following calendar year You can borrow up to $35,000 from your RRSP to put toward the down payment on your first home You can contribute an unlimited amount on an annual basis Prev of 29 Next 21
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