Teddy’s 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. $54,210 b. $28,720 c. $29,260 d. $48,210
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Teddy’s 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.
$54,210
b.
$28,720
c.
$29,260
d.
$48,210
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