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39 Oa) Ob) Oc) Od) What is the main difference between a Registered Retirement Savings Plan (RRSP) and a Locked-in Retir
Posted: Tue Nov 16, 2021 7:58 am
by answerhappygod
- 39 Oa Ob Oc Od What Is The Main Difference Between A Registered Retirement Savings Plan Rrsp And A Locked In Retir 1 (18.07 KiB) Viewed 84 times
39 Oa) Ob) Oc) Od) What is the main difference between a Registered Retirement Savings Plan (RRSP) and a Locked-in Retirement Account (LIRA)? The eligible investments that may be held within each type of account are different. Withdrawals may be made at any time from an RRSP but not from a LIRA. Minimum annual withdrawals apply to LIRAS but not to RRSPS. Income is tax sheltered when earned within an RRSP but not within a LIRA.