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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:
a.
$28,720
b.
$54,210
c.
$29,260
d.
$48,210
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