IFSE Institute Life License Qualification Program (LLQP) LLQP Question # 8 Topic 1 Discussion

IFSE Institute Life License Qualification Program (LLQP) LLQP Question # 8 Topic 1 Discussion

LLQP Exam Topic 1 Question 8 Discussion:
Question #: 8
Topic #: 1

(Business owner Timothy is reviewing information that his life insurance agent provided for him to establish a group savings plan for his employees. Timothy then meets the agent for some advice. He wants to avoid having to deal with pension credit adjustments.

Which of the following types of plans would meet this requirement?)


A.

GRRSPs and DPSPs.


B.

GRRSPs and group TFSAs.


C.

Group TFSAs and DPSPs.


D.

Group TFSAs and DCPPs.


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