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For the past ten years, Jeremy has been contributing two percent of his income to a group pension plan. The mandatory contributions for his
For the past ten years, Jeremy has been contributing two percent of his income to a group pension plan. The mandatory contributions for his employer is three percent of his income. He had various types of investment options offered under the plan. He has $40,000 in his plan as follows: $10,000 in GIC's, $10,000 in a Bond mutual fund and $20,000 in a balanced segregated fund. What type of pension plan does Jeremy have?
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South Western Federal Taxation 2015
Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young
38th Edition
978-1305310810, 1305310810, 978-1285439631
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