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IFIC (UNIT 9 QUIZ) 2025 QUESTIONS AND ANSWERS
IFIC (UNIT 9 QUIZ) 2025 QUESTIONS AND ANSWERS
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IFIC
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IFIC
IFIC (UNIT 9 QUIZ) 2025 QUESTIONS AND ANSWERS
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| Uploaded on: | September 5, 2025 |
| Last updated: | September 6, 2025 |
| Number of pages: | 30 |
| Written in: | 2025/2026 |
| Type: | Exam (elaborations) |
| Contains: | Questions & Answers |
| Tags: | IFIC (UNIT 9 QUIZ) 2025 QUESTIONS AND ANSWERS |
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IFIC (UNIT 9 QUIZ) 2025 QUESTIONS AND ANSWERS Two government-Sponsored Retirement Programs 1. Old Age Security (OAS) - Funded by tax revenue Means test: when a clients income exceeds a minimum, OAS benefits will be reduced (or "clawed back") 2. Canada Pension Plan (CPP)/Québec Pension Plan (QPP) - Federal program designed to provide: retirement/survivor/disability/death benefits - Mandatory contributions made by workers and their employers - ....ANSWER ...- Two government-Sponsored Retirement Programs 1. Old Age Security (OAS) - Funded by ___________ Means test: when a clients income exceeds a minimum, OAS benefits will be reduced (or "clawed back") 2. Canada Pension Plan (CPP)/Québec Pension Plan (QPP) - Federal program designed to provide: retirement/survivor/disability/death benefits - Mandatory contributions made by __________ and ____________ ....FOR STUDY PURPOSES...©️2025 ALL RIGHTS RESERVED... 1