Income from an
LIRA or LIF
If you have a locked-in retirement account (LIRA) or a life income fund (LIF), find out the amounts that you will be able to withdraw.
LIRA cannot be used to provide a retirement income. To obtain an income, you must transfer the amounts in your
LIRA to an
LIF or use the amounts to purchase a life annuity from an insurer.
What you need to know
Other useful information