Field hockey reached its modern form in the 19th century as a game played between two teams of eleven players each. Teams compete on a standard 100 x 60 yard field and attempt to score goals by hitting a ball off the ground into a net guarded by the opposite teamâs goalkeeper.
Prior to 2007, it was required that a Registered Retirement Savings Plan (RRSP) be converted to a Registered Retirement Income Fund (RRIF) by the end of the year in which the owner turned 69. The 2007 Federal budget revised this age to 71, for both RRSPs and RPPs.
Provided that you are 71 years of age or younger, you can transfer your RRIF assets back into an RRSP and thereby begin to defer registered income payments until a future date. To transfer your RRIF back into an RRSP you would obtain and complete a T2033 Direct Transfer form from the receiving financial institution.Transfers from a deceased annuitantâs RRSP directly to a surviving spouseâs RRSP can be facilitated completing a beneficiary designation in the accountâs documentation.ecause a Registered Retirement Savings Plan is an income tax deferred structure that is governed by a formal trust arrangement, strict rules must be followed when moving assets between, into, and out of RRSP accounts.