The allegations of paragraph 32 of the Complaint require no answer of. Defendants but to the extent that they require an answer, Defendants deny those allegations. Case 3:13-cv-01461-G Document 8 Filed 04/25/13 Page 4 of 9 PageID 185. DEFENDANTSâ ORIGINAL ANSWER AND AFFIRMATIVE DEFENSES.
RRSP Strategies at age 71. The year in which you turn 71 is a pivotal year in your retirement planning. Government regulations require that you terminate your Registered Retirement Savings Plan (RRSP) by December 31 st of your 71 st year.our options will include converting your RRSP into a Registered Retirement Income Fund (RRIF) or choosing other RRSP maturity or retirement income options. 1  Your final contribution to your RRSP: You can make one last contribution to your RRSP in the year that you turn 71, based on your RRSP contribution limit.
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.