Question: please answer fast, will leave good rate. Multiple choice Question 13 (2 points) When comparing TFSAs with RRSPs, which of the following statements is false?

please answer fast, will leave good rate. Multiple choice

Question 13 (2 points) When comparing TFSAs with RRSPs, which of the following statements is false? When 'earnings' are withdrawn, these funds are taxed under both plans Only RRSP contributions are recognized as a tax deduction for the contributor Higher annual contribution limits are possible with RRSPs OTHSAs are more appropriate savings vehicles for individuals with low or no income

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