Quiz: S03E05 - Retirement Compensation Arrangement

What was the colour?

Purple
Green
Black
Red

What was the number?

Two
Four
Five
Seven

What was the windfall that Tim encountered?

Severance
Sale of a business
Inheritance
Bonus

What ultimately prevented the implementation of the RCA?

Too expensive
Client’s perception of money
Tax rules didn’t permit it
Client’s income was too low

When does the plan member pay tax in an RCA?

Only on retirement
On taxable investment gains
When the employer contributes
Never

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