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Luke's spouse Linda passed away in November 2022. Luke has $75,000 in RRSP room and was designated as a beneficiary for Linda's RRSP. Luke decided
Luke's spouse Linda passed away in November 2022. Luke has $75,000 in RRSP room and was designated as a beneficiary for Linda's RRSP. Luke decided to rollover the entire $50,000 from Linda's RRSP to his own RRSP. How much will Luke's RRSP room be reduced by as a result of this transfer?
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ANSWER IS The rollover of Lindas RRSP to Lukes RRSP wont ...
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Introduction To Federal Income Taxation In Canada
Authors: Robert E. Beam, Stanley N. Laiken, James J. Barnett
33rd Edition
1554965020, 978-1554965021
