(Matthew, 40 years old, is leaving his employer (XYZ Corp) and has $100,000 in a...

Vendor: IFSE Institute
Product: LLQP
Update on: Feb 3, 2026
Questions: 328

IFSE Institute LLQP Question Answer

(Matthew, 40 years old, is leaving his employer (XYZ Corp) and has $100,000 in a group RRSP.

What should Shawn, the advisor, do?)

Provide Matthew with forms to transfer his group RRSP holdings to an individual RRSP.

Calculate the commuted value of Matthew’s group RRSP account and arrange transfer to the DPSP.

Arrange for the transfer of the cash value of Matthew’s group RRSP to the group TFSA.

Arrange for the transfer of Matthew’s group RRSP to his wife’s group RRSP.

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