Pension Splitting for Couples Over Age 65

question 13

Multiple Choice

Pension splitting for couples over age 65

• A)is only possible by equalizing RRSP plans.
• B)requires the couple to do a CPP pension assignment first.
• C)is only possible with employer pension and CPP income.
• D)can be applied to pension,CPP and RRIF income.

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Definitions:

Emotional Expression

The way in which a person outwardly shows or communicates their emotions, through facial expressions, body language, or verbal communication.

Decision Making

The method of selection that involves pinpointing what decision needs to be made, collecting relevant information, and evaluating different potential solutions.

Emotional Reactions

The automatic, often unconscious, psychological responses elicited by various stimuli or situations, which can vary widely across different individuals.

Moral Decisions

The process of choosing actions that comply with an individual's ethical beliefs and values.