Fatima made a $5,000 contribution to the TFSA of her husband Khan. Khan invested the funds in a GIC that earned $100 of interest income. What are the tax implications to Fatima and Khan? O Khan will pay tax on the $100 Cannot be determined There will be no tax implications with respect to the $100. Fatima will pay tax on the $100 Brian and Allison earn approximately $70,000 and $40,000 respectively, and they have next to nothing in retirement savings, other than Brian's anticipated pension. Brian has decided to place $5,000 in an RRSP this year. Why might he want to put the money in a spousal RRSP for Allison? He is not allowed to contribute to his own RRSP because he is a member of a pension plan He wants to ensure that she is provided for if he dies Allison will likely be in a lower tax bracket when they retire. He has exhausted his own RRSP contribution room