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Locked in RRSPs

When an employee leaves a company and its pension plan, s/he sometimes has the option of taking their registered pension contributions or deferred profit sharing plans at that time, in lieu of taking a pension from the plan at some future retirement date. Pensions are regulated by both federal and provincial governments.

References:

Retire rich: winning strategies for higher retirement incomes.

Author:Stephen, Gadsden
Published information:Toronto: McGraw Hill Ryerson, 1999
Resource Centre call number:332.02401 G11 1999