Locked-In Plans

Locked-in retirement plans are generated upon the rollover of a Registered Pension Plan (RPP). RPPs are plans where funds are set aside by an employer, an employee, or both parties to provide a pension when the employee retires or terminates their employment.

Funds from a RPP are transferred into a specific type of locked-in plan, depending on a variety of factors. The different types of locked-in plan include:

Life Income Fund (LIF)
Locked-In Retirement Account (LIRA)
Locked-In Retirement Income Fund (LRIF)

At Edward Jones, we want to help you to achieve your financial goals and live the retirement of your goals. Contact your financial advisor* to talk about which retirement plan makes the most sense for you.