What to Do in the Event of Death

Locked-in Retirement Accounts (LIRAs) and Life Income Funds (LIFs) Under the Supervision of Retraite Québec
Locked-in Retirement Accounts (LIRAs) and Life Income Funds (LIFs) Under the Supervision of Retraite Québec

When the holder of a locked-in retirement account (LIRA) or a life income fund (LIF) dies, the balance of the LIRA or LIF is no longer locked-in. It is paid to the person recognized as the holder's spouse or, if there is no spouse or if the recognized spouse renounces it, the balance will be paid the holder's heirs.

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  • version anglaise
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