RRSP CONTRIBUTION / TAXABLE BENEFIT CALCULATION Sally works for Fin Financial and started contributing to the Group RRSP on April 1, 2018. Sally's annual salary is $64,800 per year and she contributes 5% of her gross earnings into the Group RRSP. Fin Financial contributes $0.50 for every $1.00 its employees put into their plan up to an annual maximum of $5,000. Sally also benefits from having the annual administration fee of $110 paid for by her employer. What will Sally's total taxable benefit be for 2018 as a result of her participation in the Group RRSP