Locked-In Retirement Account / Savings Plan
Transferring funds from a registered pension plan?
If you’re changing careers, looking to protect your pension and are not yet 71, you’ll need a Locked-in retirement account (LIRA) or Locked-in retirement savings plan (LRSP). These are a type of a registered retirement savings plan, but as the name suggests, it is locked-in.
- Relationship pricing
- Variable and fixed rate options
- Terms from 12 months to 60 months
- Interest compound annually