The following relates to different types of registered plans: Registered Retirement Income Fund Tax-Free Savings Account Registered Education Savings Plan Registered Retirement Savings Plan What plan permits the amount contributed to be deducted from the individual's total income in the year contribution is made or carry forward if unused?   Question 2 options:   a)  i, ii and iii   b)  ii, iii and iv   c)  iv only

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter19: Deferred Compensation
Section: Chapter Questions
Problem 2DQ
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The following relates to different types of registered plans:

  1. Registered Retirement Income Fund
  2. Tax-Free Savings Account
  3. Registered Education Savings Plan
  4. Registered Retirement Savings Plan

What plan permits the amount contributed to be deducted from the individual's total income in the year contribution is made or carry forward if unused?

 

Question 2 options:

 

a) 

i, ii and iii

 

b) 

ii, iii and iv

 

c) 

iv only

 

d) 

None of the above

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