sion Index Question27of 35 (ID:40375 Flag Question: (PE-002) SFA Lewis earns $150,000 per year and is therefore in the highest tax bracket. His earned contribution room for the 2015 tax year is limited to a maximum of $24,930. Additionally, he has $60,000 in unused contribution room from prior years. Lewis plans to take a yearlong sabbatical in 2016 to travel across Europe. As such, he will earn very little income in 2016. Fortunately, he will be able to support himself, in part, with the $100,000 that he has in his bank account. Which one of the following tax-planning strategies would make the most sense for Lewis? The most that Lewis can contribute to his RRSP is $60,000. He should contribute this amount to his RRSP in 2015 and withdraw from his RRSP in 2016 when he is in a lower tax bracket Making an RRSP contribution today would offer no tax advantages if the funds are withdrawn within the next three calendar years. The most that Lewis can contribute to his RRSP is $84,930. He should contribute this amount to his RRSP in 2015 and withdraw from his RRSP in 2016 when he is in a lower tax bracket. The most that Lewis can contribute to his RRSP IS $24.930. He should contribute this amount to his RRSP in 2015 and withdraw from his RRSP in 2016 when he is in a lower tax bracket. Prev Submit Next O All