A pension buyback will have the following impact on an individual's RRSP contribution room if they pay
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Question:
A pension buyback will have the following impact on an individual's RRSP contribution room if they pay for the buyback in cash:
It will decrease the RRSP contribution room in the year of the buyback
It will increase the RRSP contribution room in the year of the buyback
It will increase the RRSP contribution room in the following year after the buyback
It will decrease the RRSP contribution room in the following year after the buyback
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