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If you transfer the assets of an RRSP into a registered retirement income fund O A. a certain percentage of the assets must be taken
If you transfer the assets of an RRSP into a registered retirement income fund O A. a certain percentage of the assets must be taken as income each year, O B. you will likely have a large tax bill since all of your RRSP income is considered regular income for tax purposes. OC. you will have to use a locked-in returement account to make this change O D. you will defer taxes until retirement. An enduring power of attorney is O A an agreement that grants a person the power to make any decisions and/or commitments for you and remains in effect even when you are mentally incapacitated B. a legal document that grants a person the power to make any decision and/or commitments for you and remain in effect even when you are mentally incapacitated OC. an agreement that grants a person the power to make any decisions and for commitments for you and terminates if the grantor becomes incapacitated due to mentalness OD. a legal document that grants a person the power to make any decisions andor commitments for you and terminates the grantor becomes incapacitated due to mental Under a final average earnings plan, your pension income is calculated based *** O A. upon the average income during your career OB. upon your last eight to ten years of employment O c. upon your best three to five consecutive years of employment income OD. upon your last three to five years of employment. Question Viewer A closed ond fund: (Select the best answer below) RE O A. issues shares to investors when the fund is first created but will not buy them back from investors. O B. allows investors to buy and sell shares within the fund but the time is limited, OC. is only open to institutional investors. OD. issues shares to investors when the fund is first created but will only buy them back from investors for a limited time
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