Locked-In Retirement Account (LIRA) and Locked-In RSP

 You must convert your Locked-In Retirement Account (LIRA) or Locked-In RSP into a LIF no later than December 31 of the year you turn 71.

Who should get this investment?

Savers who need to transfer money accumulated in a company retirement plan (widely know as a "pension plan") into a registered retirement savings plan. If you are leaving your job or taking early retirement, you will need to put your pension plan savings into a LIRA or Locked-In RSP.

Features

Conversion	You may convert all or part of your LIRA or Locked-In RSP into an annuity or LIF at any time.
Other	Funds are unseizable. At death, LIRA or Locked-In RSP balance is transferred to surviving spouse or, in certain conditions, your estate.

	At the branch	Make an appointment with an advisor at a branch.