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Elton earned $ 1 2 0 , 0 0 0 working as a recording engineer last year. The total amount of his contribution into his
Elton earned $ working as a recording engineer last year. The total amount of his contribution into his defined contribution pension plan was $ These contributions earned income of $ during the year. Elton also owns a personal Registered Retirement Savings Plan RRSP Assuming he has no unused RRSP contribution room carryforward amounts from previous years, how much money can Elton contribute to his RRSP account this year if the money purchase limit is $
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