Standing Committees: these are the most important because all bills are referred to a standing committee in Congress. Each committee is an area of specialization that is furthâ¦er divided into subcommittees. These are permanent. *Joint Committees: These are also permanent. The tasks assigned to them are very diverse.
A spousal RRSP is an account that you set up, but that your partner contributes to. They are held separately and open to married or common-law couples. Godinho said the plans are most beneficial in relationships where one spouse earns significantly more than the other.
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.