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Nora is 60 years old and is considered a low-income person. Her husband, William, died at the age of 66. William used to receive Canada

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Nora is 60 years old and is considered a low-income person. Her husband, William, died at the age of 66. William used to receive Canada Pension Plan (CPP) benefits, Old Age Security (045) pension and the Guaranteed Income Supplement (615). Which of the following benefits will Nora be entitled to receive right away? a OAS and CPP Survivor's Pension O GIS and CPP Survivor's Pension CO The Allowance and CPP Survivor's Pension d The Allowance for the Survivor and CPP Survivor's Pension * Mindy is 43 years old and is leaving her current employer. The pension fund administrator informs her that the value of her vested pension is 5250,000. He also Informs her that the rules of the pension plan specify the early retirement age as 55 years Mindy wants to know what her options are for the value of the pension funds that is vested? She can withdraw the $250,000 from the pension fund and pay tax on the amount this year. She can buy an immediate annuity with the fund and pay tax on the payment received annually CO She can transfer the funds to her RRSP account and defer taxes on the amount until withdrawal She can transfer the funds to a locked in account such as a LIRA, a pension plan with her new employee, or use the funds to buy a deferred annuity

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