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Ms . Eli has $ 1 0 , 0 0 0 in pre - tax income that she does not need in the current year,
Ms Eli has $ in pretax income that she does not need in the current year, but will require in two years to purchase a condo. She is considering whether she should use this money to contribute to a TSA or RRSP She expects her marginal income tax rate to increase in two years. She expects her invested funds will earn the same rate of return in either account. Which of the following statements is correct with respect to an investment decision?O a She should invest in RRSP b She should invest in TFSA. c She should not invest in the either RRSP or TFSA since she will need themoney in two years.d Whether she invests in RRSP of TFSA, the effect on her net income will bethe same.
Ms Eli has $ in pretax income that she does not need in the current year, but will require in two years to purchase a condo. She is considering whether she should use this money to contribute to a TSA or RRSP She expects her marginal income tax rate to increase in two years. She expects her invested funds will earn the same rate of return in either account. Which of the following statements is correct with respect to an investment decision?O a She should invest in RRSP b She should invest in TFSA. c She should not invest in the either RRSP or TFSA since she will need themoney in two years.d Whether she invests in RRSP of TFSA, the effect on her net income will bethe same.
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