LRIF — Locked-In Retirement Income Fund
Legacy locked-in account type with jurisdiction-specific rules
An LRIF is an older type of locked‑in retirement income account that exists under some provincial pension regimes. Withdrawal minimums/maximums and conversion rules can vary by jurisdiction and the origin of the pension funds.
Practical note
If you have an LRIF, the most important detail is which jurisdiction governs it. Confirm exact withdrawal limits and conversion options before taking action.
Quick mental checklist
Treat LRIF rules as jurisdiction-specific and confirm exact limits before withdrawing.
Official resources
Educational only. Always confirm limits and withdrawal rules with CRA resources or a qualified professional.