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LIF

Life income fund

You’ve retired. Your money hasn’t.
Congrats, you’re retired (or getting close). But who said anything about letting your group pension plan take it easy? Keep it hard at work with a Questrade LIF. When you invest with our super-cheap trade commissions and no annual fees, you’ll be able to maximize the power of your portfolio. And by keeping your money in an LIF, you’ll only pay tax on what you withdraw each year. All you have to worry about is enjoying your retirement.

FAQs

What is a life income fund?

It’s simple. It’s a registered trading account that allows you to relocate your employer-created or group pension, so you can keep trading and growing your money. There is a minimum annual-withdrawal, and you’ll only pay tax on what you take out every year (rather than the total value of the account).

How an LIF works for you

Retiring doesn’t mean your money has to stop working. Keep trading, take out money as you need it, and only pay tax on what you withdraw each year.

What you can trade in your LIF

Continue to grow your portfolio with stocks, options, ETFs, mutual funds, bonds, and precious metals. Continually monitor and adjust your positions throughout the year to ensure you are maximizing the potential of your fund.

It’s your money. Keep it that way.

No fees to open and no annual fees. Your money is exactly that.

Can I keep contributing money to my LIF?

Unfortunately you cannot continue contributing to your LIF. However, if you actively manage your portfolio, your LIF can continue to grow.

I want to learn more about LIFs




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