Question: Rez is preparing for retirement and is looking at different retirement income sources. He wants to know which plans have a direct connection between the
Rez is preparing for retirement and is looking at different retirement income sources. He wants to know which plans have a direct connection between the size of his investment portfolio and his potential retirement income. In simpler terms, the larger his savings and investments, the higher the retirement income he can expect.
Which of the following options match this description?
I. Defined Contribution Pension Plan DCPP
IIRegistered Retirement Savings Plan RRSP
III. Old Age Security OAS
IV Canada Pension Plan CPP and Quebec Pension Plan QPP
VDefined Benefit Pension Plan DBPP
Question Select one:
a
I, II and V
b
I, II and III
c
III and IV
d
II IV and V
e
I and II
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