AEGEC Financial Inc. can bring you closer to the future you see for yourself in many ways – from creating personalized savings strategies for all your short- and long-term goals, to selecting the right investment products for you, working through estate considerations and setting up insurance protection for you and your loved ones.
Contact
- +1-226-899-2425
- 415 Dolman Street, Breslau, ON, N0B1M0, Canada
- arvind@aegec.ca
Description
Type: Retirement Savings Plan
A LIRA is used to hold pension funds from a former employer, keeping them locked in until retirement age. These funds can’t be withdrawn before a specified age and must eventually be converted to a retirement income fund, such as a Life Income Fund (LIF) or a Retirement Income Fund (RIF), for regular withdrawals during retirement.