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How much could Ramzi contribute to his RRSP in 2020 if he belonged to a defined-benefit pension plan instead of a defined-contribution pension plan? Assume
How much could Ramzi contribute to his RRSP in 2020 if he belonged to a defined-benefit pension plan instead of a defined-contribution pension plan? Assume that his earned income is still 92000 and his DBPP accrual rate is 1.5 percent. He has a defined-contribution pension plan to which he and his employer both contributed 4800 in 2019. Ramzi can make an RRSP contribution of $ enter your response here in 2020. (Round to the nearest dollar)
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