$3.350 $6,350 $6,700 QUESTION 11 Which of the following statements about Deferred Profit Sharing Plans (DPSP) are true? I. The maximum yearly allowable contribution is half of what that of the maximum yearly RRSP contribution limit. Il. Employees cannot contribute to the DPSP. III. If DPSP funds transferred they must be made to a Locked-in plan. IV. There is no vesting period as the contributions are based upon corporate profits. I and II O lll, and Ill All of the above are true. QUESTION 12 Josetta has just been fired from her long-term employment with VW Industries in Ontario. The firm has a defined contribution plan, and Josetta has vested and locked-in funds in the plan. Which of the following options may she utilize in dealing with her pension funds? A lump-sum withdrawal of all funds credited to her in the plan. Lump-sum transfer to a DPSP with her next employer. O Lump-sum transfer to a locked-in RRSP or locked-in retirement account. A combination of any two of these options