Alyssa lost her job as her employer had to close his business. Since then, she developed an illness that prevents her from returning to the workforce in the near future. She is receiving El benefits but understands that they will be exhausted shortly. Once this happens, she will have to liquidate some of her investments. Her non$-$registered investments consists of units of a segregated growth equity fund in a contract she purchased less than three years ago with a deferred sales charge.

What should her insurance agent tell her with regards to the Deferred Sales Charge?

Select one:

a$.$

The insurer will withhold a portion of any withdrawals for taxes as specified by the Canada Revenue Agency.

$$ b$.$

She can defer paying the sales charge until she is employed again.

c$.$

The insurer will reduce the amount she receives by the deferred sales charge applicable.

d$.$

She can defer capital gains or losses by switching from an equity fund to a money market fund.