Luis, age 72, is married to Magdalena, age 62. Luis retired from his job as an airline pilot eight years ago but continued to work as a consultant in the aviation industry. Last year, he earned $40,000 and received pension benefits of $60,000. How much can Luis contribute to his own RRSP this year?

Answer rating: 100% (QA)

To determine how much Luis can contribute to his own RRSP Registered Retirement Savings Plan ... View the full answer