Studies have shown that many Canadians O A. contribute to OAS as a savings program O B. rely on the OAS and CPP programs, making it difficult to eliminate these programs OC. have a savings program, making OAS and CPP progr(s supplemental income Question Viewer OD. do not favor the reforms to the CPP programs made over the last tu years. Aterm certain annuity O A. can be purchased to guarantee an income for a certain period of time. O B. is a financial contract created from RRSP assets that provides regular payments until a specified year OC. provides income during retirement if you are disabled, provided you are over age 65. OD. can be purchased to provide an income for life. A Fund Facts does not O A. indicate the fund's costs. O B. explain how to contact the fund manager. O C. explain how the fund has performed. OD. include quick facts about the fund. A benefit of a defined contribution pension plan is that contributions to the plan are O A. taxed when you retire, but it encourages you to save money at each pay period. OB. deferred until retirement if it is a profit sharing pension plan. O C. not tax-deductible if it is a profit sharing pension plan. O D. tax-deductible and it encourages you to save money at each pay period. Pooled investment funds O A. provide higher returns because of their buying power O B. pool together money from government agencies and invest that money in other government agencies OC. provide diversification, economies of scale, and marketability OD. provide fixed returns since they can be sold back to the fund issuer at the price at which they were purchased. Provincial bonds are O A. short-term debt securities issued by the Bank of Canada O B. long-term debt securities issued by the Bank of Canada OC. long-term debt securities issued by provincial government agencies. OD. short-term debt securities issued by provincial and local government agencies. Qualified investments for TFSAs include long-term investments such as O A. commodities, real estate options, and mututal funds. O B. stocks, bonds, and mutual funds. O C. stocks, bonds, and commodities. O D. government bonds, foreign currency accounts, and stocks. 3