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RRSP Contributions at age 71 (or older!)

RRSP Contributions at age 71 (or older!)

Here’s the scenario: • Andy turned 71 this year and has earned income of $125,000 in the current year; his spouse, Mariam, is 68 and is retired. • Andy will be entitled to $22,500 in RRSP contribution room in 2022. Here’s the problem: • Andy cannot make RRSP...