Diksh and Nadia are 78 years old and are married. Nadia has $7000 in AS income, $50,000 in dividends, and $30,000 in RPP pension income. Diksh has only OAS of $7,000. If the couple uses pension splitting, what is Diksh's optimum income level?

Diksh and Nadia are 78 years old and are married. Nadia has $7000 in AS income, $50,000 in dividends, and $30,000 in RPP pension income. Diksh has only OAS of $7,000. If the couple uses pension splitting, what is Diksh's optimum income level?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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