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CISI Investment Funds in Canada (IFC)Exam IFC Question # 68 Topic 7 Discussion

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CISI Investment Funds in Canada (IFC)Exam IFC Question # 68 Topic 7 Discussion

IFC Exam Topic 7 Question 68 Discussion:
Question #: 68
Topic #: 7

The following table shows Sabrina's earned income for the past few years:

IFC Question 68

Sabrina has always maximized her RRSP contributions, so she has no carry-forward room available. If the maximum contribution limit for Year 3 is $24,270, what is her RRSP contribution room for Year 3?
A.

$22,500

B.

$24,270

C.

$25,200

D.

$26,100

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Actual exam question for CISI IFC exam by Zane3223 at Aug 3, 2025, 12:00:00 AM

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