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Registered retirement savings plans and registered pension plans are both private plans. Any individual can open an RRSP or an RPP. True False QUESTION 10

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Registered retirement savings plans and registered pension plans are both private plans. Any individual can open an RRSP or an RPP. True False QUESTION 10 Deferred profit sharing plans are non-contributory since the contributions are made by the employer only. Therefore, the employees do not make any contributions. True False

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