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ADDENDUM FOR LOCKED IN RETIREMENT ACCOUNT (LIRA) Pursuant to the Pension Benefits Act (Nova Scotia) BMO DESPITE BURNS INC. RETIREMENT SAVINGS PLAN Issuer BMO Trust Company ND 52 Floor, 100 King St.
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LIRA (Locked-In Retirement Account) BMO Nesbitt Burns is a type of retirement account that holds locked-in pension money and is managed by BMO Nesbitt Burns.
Individuals who have locked-in pension funds and wish to invest them through BMO Nesbitt Burns are required to have a LIRA account and file the necessary paperwork.
To fill out a LIRA with BMO Nesbitt Burns, individuals need to contact BMO Nesbitt Burns directly and follow their instructions on setting up the account and transferring the locked-in pension funds.
The purpose of LIRA BMO Nesbitt Burns is to provide individuals with a way to invest their locked-in pension funds in a retirement account managed by BMO Nesbitt Burns.
Individuals must report their personal information, details of the locked-in pension funds being transferred, investment choices, and beneficiary information on the LIRA BMO Nesbitt Burns forms.
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