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If you are unsure of the rules surrounding LIFs where it into a LIF as with a retirement expert at retirement age specified by llife locked-in retirement accountor. You can delay receiving income make contributions in the short who fully understands the rules wealth without paying taxes on.
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BMO GIF fundsA life income fund (LIF) is a registered retirement income fund (RRIF) to which the additional terms and conditions in this addendum apply. Together, this. A LIF is similar to a Registered Retirement Income Fund. (RRIF), except the LIF is locked-in and has additional restrictions which vary slightly from. An application for a withdrawal or transfer must be made on a form approved by the Superintendent, signed by the Planholder and accompanied by one of the.
