Solution-What should be his maximum CPP contribution

What should be his maximum CPP contribution

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Reference no: EM132934830

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Q1. Charles is 65 years of age and in receipt of a CPP retirement pension. He filed a CPT30 election form on April 15th to stop CPP contributions; his employer stopped deducting CPP contributions as of the first pay period with a pay date falling in the month of May. What should be his maximum CPP contribution?

Q2. Tracy Labonte is a salesperson for Logan Industries. She is paid by commission only when she sells the company's product. On June 1, Tracy was paid $2,400.00 in commissions; her last commission payment was on March 19. Calculate her CPP contribution?

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What should be his maximum CPP contribution

Reference no: EM132934830

Reference no: EM132934830

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