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Bonnie, aged 45, has recently resigned her job with a company that she worked at for 20 years. She plans to open up a craft
Bonnie, aged 45, has recently resigned her job with a company that she worked at for 20 years. She plans to open up a craft store in the small town where she lives. She knows that she is entitled to the $125,000 in the pension plan she had with her company. When she signs all the paper work, she asks that her pension money be transferred to her chequing account. She is planning on using $100,000 to start her business. What will the HR tell her? VX2WnR3RTVBR1R4ZHpUSjdnVa. Bonnie must transfer her pension money into a registered retirement income fund (RRIF) and will not have access to the money to start her business. b. Bonnie must transfer her
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