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Contributing $2,000 to an RRSP Changes the Tax Free Savings

Question 34

Multiple Choice

Contributing $2,000 to an RRSP changes the Tax Free Savings Account (TFSA) contribution by


A) reducing the limit by $1,000
B) reducing the limit by $2,000
C) reducing the limit by $3,000
D) does not reduce the TFSA contribution limit
E) Increases the TFSA limit by $2,000

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