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LOCKED IN RETIREMENT ACCOUNT (LIRA) ENDORSEMENT Pursuant to the Pension Benefits Act (Ontario) Plan Issuer BMO Life Assurance Company TH Administrative and Services Office: 250 Yong Street, 9 Floor
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What is locked-in retirement account lira?
A locked-in retirement account (LIRA) is a type of retirement account that holds locked-in funds from a pension plan and is designed to provide retirement income.
Who is required to file locked-in retirement account lira?
Individuals who have funds in a locked-in retirement account are required to file a LIRA.
How to fill out locked-in retirement account lira?
To fill out a locked-in retirement account (LIRA), individuals need to provide information such as personal details, account details, and the amount of funds being transferred.
What is the purpose of locked-in retirement account lira?
The purpose of a locked-in retirement account (LIRA) is to preserve retirement funds and provide income in retirement.
What information must be reported on locked-in retirement account lira?
Information such as personal details, account details, and fund transfer amounts must be reported on a locked-in retirement account (LIRA).
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