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In March 2022, you pay Bruno, your ex-employee, a retiring allowance of $55,000. He worked for you from 1990 to 2022. He did not contribute
In March 2022, you pay Bruno, your ex-employee, a retiring allowance of $55,000. He worked for you from 1990 to 2022. He did not contribute to a pension plan or DPSP. Calculate the eligible retiring allowance that is transferred directly to Bruno's RRSP or to an RPP with no tax deductions required. A B. $10,000 BC. $12,000 E. None D D. $15,000 E A. $13,000 G
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