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LIRAs and LIFs: What they are and strategies for making the most of them

27 August 2021 by National Bank
locked-in retirement accounts

We all know that life doesn’t always go according to plan. You may end up changing jobs, getting divorced or receiving an inheritance from your spouse. If one of these events occurs, you might have to open a locked-in retirement account (LIRA) or life income fund (LIF). If you find yourself in this situation, here’s what you need to know.

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