Alliah works as a controller for a medium-sized manufacturing company. Last year her salary was $75,000. This year she received a raise and will earn $80,000. She is a member of the company's contributory defined contribution pension plan (DCPP), where the employer and employee make matching contributions based on 5% of the employee's salary. If Alliah had made no other contributions to a registered plan, either last year or this year.

How much would she be allowed to contribute in deductible deposits to her group RRSP for this year?

Answer rating: 100% (QA)

To determine how much Alliah would be allowed to contribute in deductible deposits to her group RRSP ... View the full answer