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Which of the Following Is True for a Registered Disability

Question 14

Multiple Choice

Which of the following is true for a Registered Disability Savings Plan (RDSP) ?


A) Contributions made to the plan are tax deductible.
B) The annual maximum contribution is $17 750.
C) Contributions can be made until the end of the year in which the beneficiary turns 59.
D) All withdrawals made from the RDSP are tax free as long as the beneficiary receives the income.

Correct Answer:

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