Sidney is a long-term and valued client, and has asked you what is meant by the term de-registration of an RRSP?\

please choose correct option.

a.When the beneficiary on an RRSP is changed

b.Transferring the funds from an RRSP to a RRIF, normally by age 71

c.Refers to any funds that are withdrawn from an RRSP or RRIF

d.De-registration means the plan is no longer registered, usually because it contravenes an aspect of the Income Tax Act.