How many types of RRSP Plans are there?
RRSP

Quiz
•
Professional Development
•
KG - Professional Development
•
Medium

Prexa Patel
Used 1+ times
FREE Resource
37 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
1
2
3
4
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Name the different types of RRSP Plans
Individual, Spousal
Individual, Locked in
Home Buyer's Plan, Lifelong Learning Plan
Individual, Spousal, Locked in
3.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
What information can the contributor access?
Spousal plan account number
contribution date
contribution amount
Withdrawal Receipt
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At what age do clients become ineligible to open an RRSP product?
Over the age of 72
Over the age of 71
Over the age of 70
Over the age of 61
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What receipt is issued for RRSP withdrawals?
T2033
T5RSP
T4RSP
T2151
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are two RRSP withdrawals that are not taxed?
Marriage breakdown
Shortened life expectancy
Home Buyer's Plan & Lifelong Learning
Small amounts provision
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
T5s are issued for RRSP Accounts
True
False
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