Which of the items listed below are a possible source of funds for a RRIF?

a) Spousal RRIF

b) Life insurance payout

c) Matured RRSP

d) Annual contributions from spouse

e) Spouses RRSP

f) RPP from employer

Which of the following statements accurately describes a life annuity,also known as a life income fund (LIF)?

a) An investment vehicle that requires a specified annual contribution in preparation for retirement.

b) An investment vehicle that makes payments over the holder's lifetime, or the lifetime of their spouse.

c) An investment that pays out periodic payments over a specific amount of time.

d) A life insurance policy that will pay out a percentage of assets annually after death.