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27 Lane, age 30, accepts your recommendation to invest $30,000 for her retirement in a segregated lund held in her HRSP account. She applies and

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27 Lane, age 30, accepts your recommendation to invest $30,000 for her retirement in a segregated lund held in her HRSP account. She applies and invests her money. The insurer sends her a confirmation of her contract Regarding tana's account, it is true that she # Must be the owner and the annuitant of the contract, must provide her Sin in the application, and cannot transfer the ownership of the contract t. Must be the owner and the annuitant of the contract must provide her SIN in the application, and can use the contract as a collateral to obtain a loan CO Can name her spouse to be the annuitant of the contract, must provide her SIN in the application and cannot transfer the ownership of the contract Must provide her SIN in the application cannot transfer the ownership of the contract, and can use the contract as a collateral to obtain a loan. d. 28 Farah recommended that her client purchase a prescribed annuity. A prescribed annuity: a. O must be indexed to inflation each year. b. O have payments starting at least three years from the purchase date. have the payments taxed on an accrual basis. d. O must have the owner and annuitant as the same person C

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