CISI Investment Funds in Canada (IFC)Exam IFC Question # 92 Topic 10 Discussion

CISI Investment Funds in Canada (IFC)Exam IFC Question # 92 Topic 10 Discussion

IFC Exam Topic 10 Question 92 Discussion:
Question #: 92
Topic #: 10

Which statement about unused registered retirement savings plan (RRSP) contribution room is CORRECT?


A.

It may not be more than the RRSP contribution limit for the year in which it is carried forward.


B.

It can be carried forward to future years.


C.

It can be carried forward a maximum of seven years.


D.

It may not be carried forward.


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