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.
The government requires RRSPs (personal and spousal) to be converted to a RRIF the year a person turns 71. After that, withdrawals begin and theyâre taxed as income. Currently, annual minimum withdrawals start at 7.48% for those aged 71 and rise every year to a maximum of 20% for anyone 94 or older.he government requires RRSPs (personal and spousal) to be converted to a RRIF the year a person turns 71. After that, withdrawals begin and theyâre taxed as income. Currently, annual minimum withdrawals start at 7.48% for those aged 71 and rise every year to a maximum of 20% for anyone 94 or older.