Your client, Greg, is meeting with you for an annual review. This year, Greg had a gross income of $130,000 and paid $39,000 in taxes. Greg has both a Deferred Profit Sharing Plan (DPSP) and a Group RRSP with his employer. He would like to better understand his taxes, and would also like to engage in some tax planning initiatives. Which of the following statements should you offer to Greg?

		Your marginal tax rate is 30%.
		You can potentially lower your marginal tax rate by contributing to your DPSP.
		Your average tax rate can never be higher than your marginal tax rate.
		You can increase your overall average tax rate by contributing to your Group RRSP.