Module 7 Chapter 6 – Defined benefit pension plan Module 7 Section 5.7 – RRSP or RRIF LIRA or Locked-in RRSP or LIF Objective: Evaluate RRSP, RRIF and annuity payout options Steps Reference Determine or confirm cost of living Module 7 Section 3.2.3 – Evaluate various payout options Module 7 Section 6.6 – Objective: Choose between a defined benefit pension plan and transfer to a LIRA Steps Reference Calculate or confirm the transfer value Module 4 Chapter 12 – Module 7 Section 5.4.9 – Determine level of risk tolerance Investor Profile Analyse options Module 7 Section 5.10.2 – Set up an individual pension plan (IPP) Objective: Steps Reference Assess advantages and disadvantages of an IPP Module 7 Section 5.14 – Evaluate set-up criteria Module 7 Section 5.14 –
Defined benefit pension plan RRSP or RRIF LIRA or Locked-in RRSP or LIF Module 7 – Chapter 6 Module 7 – Section 5.7 Objective: Evaluate RRSP, RRIF and annuity payout options Steps Reference Determine or confirm cost of living Module 7 – Section 3.2.3 Evaluate various payout options Module 7 – Section 6.6 Objective: Choose between a defined benefit pension plan and transfer to a LIRA Steps Reference Calculate or confirm the transfer value Module 4 – Chapter 12 Module 7 – Section 5.4.9 Determine level of risk tolerance Investor Profile Analyse options Module 7 – Section 5.10.2 Objective: Set up an individual pension plan (IPP) Steps Reference Assess advantages and disadvantages of an IPP Module 7 – Section 5.14 Evaluate set-up criteria Module 7 – Section 5.14