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Which statement is incorrect? Tax-Free Savings Account (TFSA) contributions do not give a tax deduction. Registered Retirement Savings Plan (RRSP) and Tax-Free Savings Accounts (TFSA)

Which statement is incorrect?

Tax-Free Savings Account (TFSA) contributions do not give a tax deduction.
Registered Retirement Savings Plan (RRSP) and Tax-Free Savings Accounts (TFSA) contribution limits accumulate if contributions are not made.
The last day you can make contributions to your Registered Retirement Savings Plan (RRSP) is December 31^st in the year you turn 71 years old.
Registered Retirement Savings Plan (RRSP) contributions start at age 18.
The Home Buyers' Plan (HBP) allows you to withdraw money, (to a certain limit) from your RRSP to help finance the purchase of your first home.

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