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It is Question 24 (1 pand When Edouard was 25. he went to work for a well-known financial institution where contributions were made to a

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It is Question 24 (1 pand When Edouard was 25. he went to work for a well-known financial institution where contributions were made to a defined benefit pension plan (DBPP) on his behalf. When he was 57. Edward accepted a high-level position at another institution where the benefits included a defined contribution pension plan (DCPP). At age 60, he decided to retire but continued to work part time for his son. The benefits from Rais DBPP combined with his part time income provide him with a very comfortable Westyle He would like to postpone the withdrawals from his DCPP. He asks his life insurance agent for advice What should his agent suprest that he do? Os Transfer the funds from his DCPP to a locked-in account Lot Transfer the hands from his DCPP to a life income fund Od use his DCPP funds to purchase an immediate life annuity. Da withdraw the funds from his DCPP and pay the associated taxes

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