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Joseph owns a medium sized business that has been increasingly successful over the past several years. To reward his employees and attract new employees he
Joseph owns a medium sized business that has been increasingly successful over the past several years. To reward his employees and attract new employees he wishes to start a group pension plan. After speaking with his life insurance. agent he has also began to think about a group registered retirement plan. Given this scenario which of the following statements is NOT accurate about a GRRSP? Select one: a. Plan members may have access to the Lifelong Learning Plan b. This will provide the benefit of being a payroll savings plan c. Plan members may have access to the Home Buyer's Plan (HBP) d. There are usually more investment options in a group plan
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