Which of the following is not an option for the beneficiary of an RRSP by December 31 of the year in which that person turns 71?

Select one:

a.

Buy a life annuity using all the money in the RRSP.

b.

Transfer the funds to the RRSP of the spouse, provided that the spouse is younger than 71.

c.

Buy a term-certain annuity using all the money in the RRSP.

d.

Convert the account to a RRIF

e.

Withdraw all the funds and pay tax immediately.