Both the employee and the employer can contribute to the following EXCEPT: a. Deferred profit-sharing plan b. Defined contribution pension plan c. Defined benefit pension plan d. Canada Pension Plan Cameron's pension credits for 2021 are $7,200 for his DBPP and $1,800 for his DPSP. In addition, $500 in forfeited amounts was credited to his account. His pension adjustment is: a. $7,200 b. $8,500 c. $9,500 d. $9,000 Chris, a resident of Alberta, plans on using the money in his RRSP to pay for his plasma screen television. The television will cost $5,000. If he withdraws $5,000 from his RRSP how much will he receive and how much tax will he pay on the withdrawal if his marginal tax rate is 40% ? a. $2,000,$4,500 b. $4,500,$5,000 c. $4,500,$2,000 d. $5,000,$2,000 Gurvinder decides to retire early at the age of 61 . If a full pension under the CPP is currently $11,500, how much will his annual retirement be if he has worked and contributed steadily for the past 40 years? a. $11,500 b. $8,188 c. $12,328 d. $7,636