Locked-In Retirement Savings Vehicles Maturity
KNOWLEDGE EXPECTED OF: Both CFP® Professionals and QAFPTM Professionals
- Explain when a locked-in retirement savings vehicle matures.
- Voluntary choice by annuitant
- Forced maturity based on age of annuitant
- Identify the types of plans to which capital property may be transferred tax-deferred from a locked-in retirement savings vehicle (subject to jurisdiction) upon maturity.
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