What is the TFSA annual contribution limit for 2023 ? $5,000$5,500$6,000$6,500 Question 11 (1 point) From 2009 to 2023 , John contributed the maximum allowable to his TFSA, $88,000. His $88,000 TFSA contribution has grown to $200,000, as of November 13,2023 . On November 13,2023 . He withdraws the entire amount, $200,000 from his TFSA. How much can he contribute back to his TFSA in 2024, given that the 2024 contribution limit is $6,500 ? $6,500$88,000$200,000$206,500 Which of the following is a FALSE statement of Registered Education Savings Plans (RESPs)? Tax-deferred savings plans intended to help pay for the post-secondary education of a child or grandchild Contributions are tax-deductible, and there is a tax-deferral opportunity since the income accumulates tax-deferred within the plan On withdrawal, the payments will be taxable in the hands of the beneficiary or beneficiaries, provided that they are enrolled in qualifying educational programs The federal government will make a matching grant of 20% of the first $2,500 contributed each year to the RESP of a child under 18