Wednesday, June 29, 2016

Life Income Funds

11:09 AM

By: RetireWare / Equisoft On: 11:09 AM  In: ,  No comments


Question:

Is there a way to specify whether a DC pension in converted to a LRIF or LIF. It looks like it is defaulting to LIF.

Answer:

You can specify the plan type and jurisdiction on the Finances page under Locked-in Retirement Account on the 'Registered' tab.

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