Which of the Following Is True for a Registered Disability

question 14

Multiple Choice

Which of the following is true for a Registered Disability Savings Plan (RDSP) ?

• A)Contributions made to the plan are tax deductible.
• B)The annual maximum contribution is $17 750.
• C)Contributions can be made until the end of the year in which the beneficiary turns 59.
• D)All withdrawals made from the RDSP are tax free as long as the beneficiary receives the income.

---

Definitions:

Education Segmentation

This process involves dividing the education market into distinct groups of learners with similar needs or characteristics for the purpose of providing tailored educational solutions.

Benefit Segmentation

A marketing strategy that groups consumers based on the specific benefits they seek from products, allowing for more targeted and effective marketing efforts.

Psychographic Segmentation

A marketing strategy that divides consumers into segments based on their lifestyle, personality traits, values, opinions, and interests.

Geographic Segmentation

The division of a market into different geographical units such as nations, states, regions, cities, or neighborhoods.