If he contributes $7,000 to a spousal RRSP, his maximum contribution to his own RRSP will be limited to $3,000 for that year. Nevertheless, he will claim a total deduction of $10,000 in his tax return. Contribute to a spousal RRSP if you expect your retirement income to be higher than that of your spouse.
PIMS (production information management system) Also known as a âprocess information management system,â a PIMS is a client/server application for the acquisition, display, archiving and reporting of information from a wide variety of control, plant and business systems.
Medical Definition of PILUS. : a hair or a structure (as on the surface of a bacterial cell) resembling a hair.ADVERTISEMENT. Latin. First Known Use: 1760.ilus. noun piÂ·lus \ËpÄ«-lÉs\. plural piÂ·li \-ËlÄ«\. : a hair or a structure (as on the surface of a bacterial cell) resembling a hair.