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Have Your Free Question 26/1 point Monique is a physician All her life, she has regularly contributed the maximur alionable amount to her RRSP. Her
Have Your Free Question 26/1 point Monique is a physician All her life, she has regularly contributed the maximur alionable amount to her RRSP. Her spouse Roland, on the other hand, has devoted his life to the children and has never really had a paid job-thus, he has very little seines Loon taking their retirement, they would like Monique to use some of her RRSP to purchase a registered annuity payable to Roland, thus saving tax on their retirement income Under what conditions can this strategy be implemented? a Manique can use up to 50% of her RRSP to purchase any type of registered annuity payable to Roland CD Monique can use up to 50% of her RRSP to purchase a registered annuity payable to Roland; however, it must be a term annuity, Os Monique can use up to 50% of her RRSP to purchase a registered annuity payable to Roland; however, it must be a life annuity. Od This strategy cannot be implemented, because the registered annuity contract owner and annuitant must be the same person. o Page New
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