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Asha Okoye is 35 and single, and had earned income of $57,000 in 2019 and $62,000 in 2020. Asha's pension adjustment (PA) in 2019 was
Asha Okoye is 35 and single, and had earned income of $57,000 in 2019 and $62,000 in 2020. Asha's pension adjustment (PA) in 2019 was $3,500 and in 2020 the PA was $4,000. Asha's 2019 Notice of Assessment showed unused RRSP room of $8,000. How much can Asha contribute to an RRSP for the 2020 taxation year? The 2020 maximum limit is $27,230. The 2020 factor is 18% Select one: a. $15,160 O b. $27,230 O c. $10,260 O d. $14,760 Next page
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