glenn spouse has had an RRSP for several years. For the first time, during 2018,...
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glenn spouse has had an RRSP for several years. For the first time, during 2018, glenn makes a contribution to this plan. The amount of the 2018 contribution is $4,500 and this is followed, in 2019, by an additional contribution to his spouses plan of $5,500. glenn deducts both of these contributions. At the beginning of 2020, his spouses plan has a balance of $226,000. During this year, she withdraws $11,000 from her RRSP. Required: How will this withdrawal be taxed?
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