Determining whether this is the best allocation

Reference no: EM133608945

Question: The schedule indicates that Nicholas has been considering contributing to a spousal RRSP. As the Biscuits' planner, what would be your primary consideration in determining whether this is the best allocation of their RRSP contributions? a) Minimization of income tax in the year of the contribution. b) Maximization of investment returns during retirement. c) Income splitting during retirement. d) Equalization of estates to minimize probate fees upon death.

Reference no: EM133608945

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