Locked-In Retirement Account (LIRA)
A LIRA offers peace of mind that your retirement savings are safe
Understanding a LIRA
A LIRA is a savings plan that allows you to move funds from an existing pension plan into a retirement account. There is a minimum age at which funds can be withdrawn which is set by each province
Why Invest in a LIRA?
Tax Benefits
Defers taxable income while funds continue to grow
Security & Protection
Funds are locked-in until the eligible retirement age
Long-Term Growth
Investments grow tax-deferred until withdrawal
Retirement Transition
Must be converted into a retirement income option by age 71
Looking for more information?
Our qualified staff will be pleased to discuss the features and benefits of a LIRA in more detail
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Copyright 2025 League Savings and Mortgage Company. All rights reserved.
Copyright 2025 League Savings and Mortgage Company. All rights reserved.
