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Nicola turned 69 years of age on October 31, 2018. She is a retired teacher with a very good pension. She has an RRSP account

Nicola turned 69 years of age on October 31, 2018. She is a retired teacher with a very good pension. She has an RRSP account with a fair market value of $301,000. She does not require the income from her RRSP to support her current lifestyle. When will Nicola's RRSP "mature" and by what date will she be required to make her first redemption? 


Question 18 options: 


October 31, 2020 and December 31, 2021 


October 31, 2019 and October 31, 2020 


December 31, 2020 and December 31, 2021


December 31, 2019 and December 31, 2020

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