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Locked-In Retirement Account | LIRA

Locked-In Retirement Acount (LIRA) 

A workplace pension plan upon retirement can be transferred to a Locked-In Retirement Account (LIRA).  There are different rules for unlocking LIRAs for different jursidictions.  Generally, the only way to unlock a LIRA is to retire, and the earliest age you can do that is at age 55.


Have questions?

Let us help you.  Contact your Advisor or our office to assist you in your retirement needs.