Question: Arjun has worked at the same company for a decade and is now exploring new opportunities. After a few promising interviews, he s eagerly awaiting
Arjun has worked at the same company for a decade and is now exploring new opportunities. After a few promising interviews, hes eagerly awaiting a job offer. However, Arjun is concerned about what will happen to the contributions his employer made to his retirement plan if he decides to leave. The investment firm managing his companys retirement plan explained that a is a private account designed for transferring vested funds from an employersponsored pension plan. This type of account ensures that employees can retain the value of their pension plan assets even after leaving the company.
Question Select one:
a
LockedIn Retirement Account LIRA
b
TaxFree Savings Account TFSA
c
InterVivos trust account
d
Registered Retirement Savings Plan RRSP
e
Registered Retirement Income Fund RRIF
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