Episode 11: Where do the pensions go?
In this episode we talking about what happens to pensions when you leave your employer or you decide to take the commuted value out. Whether that means you quit a job or even if you retired, when you move your pension plan it will like end up in a Locked-In Retirement Accounts or LIRA.
We cover the various rules for the LIRA and the various options to access the funds prior to retirement on what jurisdiction the pension is regulated under, as to what options you have for accessing the funds.
Pension unlocking rules (by province):
- Saskatchewan
- Alberta
- Manitoba
- Ontario
- British Columbia
- Nova Scotia
- New Brunswick
- Newfoundland/Labrador
- PEI- no legislation exists
- Federal
- Quebec
Resources
Key Takeaways
Transcript
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Episode 16: Using Market Prices, Not Predictions
Active, passive, or evidence-based investing? Discover how market prices, financial research, and lower costs can help Canadians invest more confidently.
Episode 15: Don't Play the Losers Game
Discover why most active funds struggle to beat the market, what Canadian research reveals, and how costs affect your retirement investments.
