Emmanuel places $15,000 in his RRSP when his marginal tax rate is 45%, and then withdraws the $15,000 and pays tax on it when his marginal tax rate falls to 40%. What are his tax savings (the taxes he will never have to pay)? a. $6,000 b. $6,750 C. $750 d. $950 Contributions made by employers and employees towards a registered plan are: a. Taxable to both the employee and employer. b. Tax deductible for both the employee and employer. c. Tax deductible for the employer and a tax credit for the employee. d. Are a tax credit for both employee and employer. Diana, aged 45, joined her company's money purchase pension plan 61/2 years ago. The plan is governed by the federal Pension Benefits Act. Which of the following statements is true? a. If she leaves now, she can start collecting a retirement annuity immediately. b. If she leaves now, she can take out her own contributions in a taxable lump sum. c. She must work there 10 years before the company's contributions are vested. d. The company's contributions are now both locked-in and vested. Early retirement means the earliest one can retire and: a. Receive the same total pension income as would be received at age 65. b. Collect the early OAS benefit. c. Receive an unreduced pension based on their age and actual number of years of service. d. Collect the full CPP retirement benefit