How much can Whitney rollover into her RRSP from her retirement allowance?

In determining how much Whitney can rollover into her RRSP from her retirement allowance, it is essential to consider the regulations surrounding tax-deferred rollovers. The maximum amount that can be rolled over into a Registered Retirement Savings Plan (RRSP) from a retirement allowance is typically based on the lesser of the actual retirement allowance received and the cumulative pension adjustment (CPA) of the taxpayer in the years of credited service with the employer.

In this case, $56,000 represents the maximum permissible limit for Whitney's situation according to current tax regulations, which allows for a tax-deferral strategy that can help her minimize immediate tax liabilities. This amount offers Whitney the opportunity to consolidate her retirement savings in her RRSP, where it can grow on a tax-deferred basis until withdrawal.

It’s crucial to recognize that the other figures presented do not align with the established limitations for rollover amounts in the context of retirement allowances. Without knowing the detailed specifics of Whitney's retirement allowance or her past contributions and earnings, one would still understand that the rules governing such rollovers set a clear maximum that Whitney is eligible for, which in this case happens to be $56,000.