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Greater the potential retirement income benefit

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Reference no: EM133109628

Which of the following retirement plans are directly connected to the size of the investment portfolio? In other words, the larger the investment portfolio, the greater the potential retirement income benefit.

I. Defined Contribution Pension Plan (DCPP)

II. Registered Retirement Savings Plan (RRSP)

III. Old Age Security

IV. Tax-Free Savings Account (TFSA)

V. Canada Pension Plan (CPP) and Quebec Pension Plan (QPP)

  1. I, II and III
  2. I, II and IV
  3. III and V
  4. II, IV and V
  5. III and IV

Reference no: EM133109628

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