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Teddys earned income was $54,000 in 2021 and $57,000 in 2022. How much can he contribute to his RRSP in 2022 given the following? Carry

Teddys earned income was $54,000 in 2021 and $57,000 in 2022. How much can he contribute to his RRSP in 2022 given the following?

Carry forward contribution room: $25,000
Pension adjustment: $6,000
Annual maximum: $29,210

Select one:

$28,720

$54,210

$29,260

$48,210

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