Retirement Savings Plans

Retirement savings plans ensure that you have a comfortable retirement while reducing your taxable income.

A locked-in retirement account (LIRA) allows persons who have changed employers to transfer the amounts accumulated in their pension funds so that they can exercise a certain amount of control over their investments.

Objectives	Issue	Type of Plan
Accumulate amounts for retirement. Reduce your taxable income. Adapt your plan to your needs. Have greater flexibility in the management of your investments.	Before age 69	RRSP
Exercise a certain amount of control over the investments in your former pension plan.	Before age 69	LIRA