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Retirement Planning Jane and her husband earn $50,000 and $46,000 respectively but only Jane is a member of a registered pension plan. Both she and

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Retirement Planning Jane and her husband earn $50,000 and $46,000 respectively but only Jane is a member of a registered pension plan. Both she and her employer contribute 2% of her gross salary to a defined contribution pension plan. Dan, her husband has $10,000 of unused contribution room carried forward since 2015. Calculate the maximum RRSP contribution that each of them can make for this tax year. Hints: For Jane, calculate 18% of her salary and then subtract the pension contribution she has at work. For Dan, calculate 18% of his income and then add the contribution room carried forward

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