13. Rhianna is 69 years old. Earlier this year, following the death of her husband, she moved out of the apartment she and her husband had lived in for 35 years and into a townhouse she purchased with her daughter. To complete the purchase of her townhouse, Rhianna withdrew $20,000 under the Home Buyers Plan (HBP) in April of this year. What statement applies to Rhianna? a) The minimum annual HBP repayment that Rhianna must make is $1,850. b) If Rhianna fails to make her first HBP repayment when due, she must include $20,000 as part of her total income in that year. This amount will be subject to taxation based on Rhianna's marginal tax rate. C) Rhianna can spread her HBP repayments over a maximum of 15 years. in three d) The latest date Rhianna can make her first HBP repayment to her RRSP is March 1 Years (do not account for the possibility of a leap year). 14. Pushpa is 45 years old and is currently employed full-time. Like most people, he expects to be in a lower tax bracket during his retirement years compared to his present situation. Pushpa is a disciplined saver and has a significant RRSP carryforward. In general terms only, what vehicle would make the MOST sense for Pushpa if he has $5,000 earmarked for long-term savings? a) TFSA b) RRSP and invest the tax refund in a TFSA c) no preference between a TFSA and an RRSP d) RRSP and deposit the tax refund to his bank savings account