LIRA rules in Separation and Divorce?

Locked-in Retirement Account
  • Required to provide a statement showing your LIRA balance, on your date of marriage as well as your date of separation.

  • The Income Tax Act is an act that provides tax-free rollovers of LIRA between separating spouses.


What happens to your retirement savings in a divorce?


Making an LIRA Account Disclosure


LIRA Account Disclosure Documents

LIRA Locked-in Retirement Account

The statement is typically sent to subscribers on a quarterly basis, usually in March, June, September and December. If you have not received your statement for the period, you may need to conduct inquiries.

Obtaining a digital copy of this document:


Obtaining  a digital copy of this document

  1. Many online sources allow you to download a digital copy to the device.
  2. Most up to date Web Browsers allow you the option of “Print to PDF”
  3. Scan your hard copy to a pdf.   

Note: This can be done on a personal (home or work) scanner, or can be done at a retailer such as Staples Business Depot

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Have Any Questions?

Contact Information
Ken S, Maynard CDFA

Divorce Advice

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