If you are not vested, and you leave the plan, pension benefits may be taken in cash

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If you are not vested, and you leave the plan, pension benefits may be

taken in cash as a taxable benefit or transferred to your RRSP.

transferred to an individual locked-in retirement account (LIRA).

left in your former employer's pension account.

transferred to your new employer, if it has an employer-sponsored pension plan that permits the transfer.

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Dec 21, 2023 01:16 AM

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If you are not vested, and you leave the plan, pension benefits may be taken in cash

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Income Tax Fundamentals 2013

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