Question: If Larry terminates his current position, what can he do with the funds in his registered pension plan? 1 He can receive a refund of

If Larry terminates his current position, what can he do with the funds in his registered pension plan? 1 He can receive a refund of his contributions plus accumulated interest in cash. The employer's contributions must be transferred into a locked-in retirement account. 2 He can leave the funds in his employer's RPP and receive a pension upon reaching retirement age. 3 He can transfer the full amount into his existing RRSP. 4 He can leave the money in the plan for now and if he starts a new job, he can transfer the funds into his new employer's RPP as long as the new plan permits it. 5 He can transfer his contributions plus the accumulated interest into his own RRSP but, he forfeits any right to his employer's contributions. 2 and 4 only 1 and 2 2, 3 and 5 2, 3 and 4

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