How to Unlock Your LIRA in Every Province

The locked-in retirement account can feel a bit, well, locked-in. Is there any circumstance in which it can be unlocked? The short answer is yes! The long answer is... It's complicated. Every province has a unique set of rules ranging from generous to paltry. Withdrawals differ when they are possible, as do other variables. Indeed, there doesn't seem to be much cohesion in the whole system. Kent gives you a primer of foundational info about the LIRA, and what rules have popped up where. PEI, do you even actually exist??? Contact us at info@k4financial.ca Visit our social media accounts:   / k4financial     / k4financial   https://www.tiktok.com/k4financial/ Our Website: https://www.k4financial.ca Don't forget to SUBSCRIBE to stay up-to-date with our latest videos! 0:00-1:30 - Intro 1:30-4:49- Overview of LIRAs 4:49-5:26- BC 5:26-8:44- AB + ON 8:44-8:57 - SK 8:57-9:41- MB 9:41-10:08 - QB 10:08-10:30- NS 10:30-10:41- NFLD/LAB 10:41-11:03- NB 11:03-11:24- PEI (???) 11:24-11:33- All Territories 11:33-12:27- Outro _________________________________________________________________ This presentation is just meant to provide information. The accuracy of its contents has been ensured using every available means. Certain statements made may contain forward-looking statements, which involve known and unknown risks, uncertainties, and other factors that could cause the Company's or the industry's actual results, performance, or achievements to differ materially from any projected future results, performance, or achievements. Returns are not certain, and performance in the past might not be replicated. The content on this channel is provided solely for informative and educational purposes and does not represent investment advice. The hosts are not liable for the viewers' financial decisions, and their content shouldn't be used as a foundation for investing transactions.