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Author Question: Which of the following is true regarding LIRA and locked-in RRSP accounts at age 71? (Read 16 times)

segrsyd

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Which of the following is true regarding LIRA and locked-in RRSP accounts at age 71?
LRIFs and LIFs can be cashed in but will be fully taxed.
At age 80, LRIF funds must be used to purchase a life annuity.
LRIFs and LIFs have the same withdrawal schedule throughout the retirement years.
Some provinces have LIFs and some have LRIFs.


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Marked as best answer by segrsyd on Nov 11, 2019

Beatricemm

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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segrsyd

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Reply 2 on: Nov 11, 2019
YES! Correct, THANKS for helping me on my review


emsimon14

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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