Comments on: Locked-In Accounts: LIRA, LRSP, LRIF, LIF, and PRIF accounts http://wheredoesallmymoneygo.com/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/ A personal finance blog written by Preet Banerjee Wed, 23 May 2012 17:49:11 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: C Otter http://wheredoesallmymoneygo.com/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-8172 C Otter Thu, 09 Jun 2011 14:41:41 +0000 http://symbiantcapital.com/2007/12/26/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-8172 You must convert your LIRA to a LIF (or other locked-in vehicle such as an LRIF or PRIF) before drawing income. Typically the minimum age is 55. You must convert your LIRA to a LIF (or other locked-in vehicle such as an LRIF or PRIF) before drawing income. Typically the minimum age is 55.

]]> By: C Otter http://wheredoesallmymoneygo.com/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-8171 C Otter Thu, 09 Jun 2011 14:40:22 +0000 http://symbiantcapital.com/2007/12/26/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-8171 Depending on the province your LIRA is legislated under, you may qualify for small-balance unlocking. Check with your regulator for details. Depending on the province your LIRA is legislated under, you may qualify for small-balance unlocking. Check with your regulator for details.

]]> By: CHRISTINE HUSSEY http://wheredoesallmymoneygo.com/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-7761 CHRISTINE HUSSEY Thu, 24 Mar 2011 01:00:33 +0000 http://symbiantcapital.com/2007/12/26/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-7761 At what age can u start withdrawing from a LIRA - I am now 55 and plan to retire in Newfoundland. At what age can u start withdrawing from a LIRA – I am now 55 and plan to retire in Newfoundland.

]]> By: Walt Cunha http://wheredoesallmymoneygo.com/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-7745 Walt Cunha Tue, 15 Mar 2011 21:30:55 +0000 http://symbiantcapital.com/2007/12/26/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-7745 What is the maximum that can be transfered to a LIRA from a RPP. If you have more than the maximum in your RPP, what our your options? What is the maximum that can be transfered to a LIRA from a RPP. If you have more than the maximum in your RPP, what our your options?

]]> By: ricardo http://wheredoesallmymoneygo.com/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-7620 ricardo Tue, 01 Mar 2011 07:17:43 +0000 http://symbiantcapital.com/2007/12/26/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-7620 hi there what have you found out about taking that lira pension out...ps iam 55 hi there

what have you found out about taking that lira pension out…ps iam 55

]]> By: N.T.DAWOOD http://wheredoesallmymoneygo.com/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-7470 N.T.DAWOOD Thu, 17 Feb 2011 03:35:09 +0000 http://symbiantcapital.com/2007/12/26/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-7470 Hello, While I was at University, I worked a job that had a pension component to it. Upon completing University I quit this job and have a different career. The pension component was placed in a LIRA, which I have moved around but kept invested. I am nowhere near retirement but wish to divest this money as I have debt up to my neck. Have the laws changed that might allow this today and what are the ramifications of doing so. Thanks, N.T.Dawood Hello, While I was at University, I worked a job that had a pension component to it. Upon completing University I quit this job and have a different career. The pension component was placed in a LIRA, which I have moved around but kept invested. I am nowhere near retirement but wish to divest this money as I have debt up to my neck. Have the laws changed that might allow this today and what are the ramifications of doing so.

Thanks,
N.T.Dawood

]]> By: Think twice before you decide to move out your pension | Retire Happy Blog http://wheredoesallmymoneygo.com/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-7302 Think twice before you decide to move out your pension | Retire Happy Blog Sun, 23 Jan 2011 05:29:02 +0000 http://symbiantcapital.com/2007/12/26/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-7302 [...] Locked-In Accounts: LIRA, LRSP, LRIF, LIF, and PRIF accounts by Where does all my money go.com [...] [...] Locked-In Accounts: LIRA, LRSP, LRIF, LIF, and PRIF accounts by Where does all my money go.com [...]

]]> By: Big Changes to Alberta Pension Legislation | Retire Happy Blog http://wheredoesallmymoneygo.com/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-7301 Big Changes to Alberta Pension Legislation | Retire Happy Blog Sun, 23 Jan 2011 05:28:41 +0000 http://symbiantcapital.com/2007/12/26/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-7301 [...] Locked-In Accounts: LIRA, LRSP, LRIF, LIF, and PRIF accounts by Where does all my money go.com [...] [...] Locked-In Accounts: LIRA, LRSP, LRIF, LIF, and PRIF accounts by Where does all my money go.com [...]

]]> By: Jorgen Sveistrup http://wheredoesallmymoneygo.com/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-6301 Jorgen Sveistrup Sat, 24 Jul 2010 04:45:56 +0000 http://symbiantcapital.com/2007/12/26/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-6301 I live in B.C. and have anLRSP I am 65. What is the maximum withdrawal allowed? Thank-you I live in B.C. and have anLRSP
I am 65. What is the maximum withdrawal allowed?
Thank-you

]]> By: john http://wheredoesallmymoneygo.com/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-343 john Fri, 17 Jul 2009 17:55:03 +0000 http://symbiantcapital.com/2007/12/26/locked-in-accounts-lira-lrsp-lrif-lif-and-prif-accounts/#comment-343 can a ex spouse post divorce transfer locked in RRSP's to an ex spouse? Is it allowed under current tax laws. can a ex spouse post divorce transfer locked in RRSP’s to an ex spouse? Is it allowed under current tax laws.

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