Even Though You Expect to Receive OAS and CPP,a Common

question 81

Multiple Choice

Even though you expect to receive OAS and CPP,a common rule of thumb is in order to be able to retire comfortably is

• A)to save an additional 10 percent of gross earnings in a variety of pension investments.
• B)to save at least 10 percent of after-tax earnings in retirement accounts.
• C)to make sure you are in a long-term pension plan.
• D)to maximize OAS and CPP and GIS.

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Definitions:

Electronic Medical Record

A digital version of a patient's paper chart, allowing for easier access and management of a patient's medical history.

Diagnosis

The identification of the nature of an illness or other problem by examination of the symptoms and signs.

Business Transaction

An economic event with a third party that is recorded in an organization's accounting system.

Accounting Records

Documents and books that keep track of the financial operations and transactions of an entity or individual, serving as evidence of financial performance and position.