A Life Income Fund (LIF) is designed for individuals with locked-in pension funds, such as those transferred from a pension plan.
A LIF converts locked-in retirement savings into retirement income while complying with regulatory rules for withdrawals.
In summary, both RRIF and LIF are designed to convert your retirement savings into a reliable source of income while maintaining investment growth.They share many features: withdrawals are taxable as income, your investments continue to grow tax-deferred, and you can generally choose how your funds are invested.
Direct: 236-427-3873
Cell: 604-916-5289
Office: 866-463-8972
Fax: 866-463-8972
Paulo Sergio Moulatlet, CFP
Investment Funds Advisor, Investia Financial Services Inc.
Life Insurance Advisor
404-1688 152 St Surrey,
BC V4A 4N2
Mutual funds, exempt market products and exchange traded funds are offered through Investia Financial Services Inc. The particulars contained herein were obtained from sources which we believe reliable but are not guaranteed by us and may be incomplete. The opinions expressed on this website have not been approved by and are not those of Investia Financial Services Inc. This website is not deemed to be used as a solicitation in a jurisdiction where this Investia representative is not registered.
