CBSE BOARD X, asked by AManullahRashid, 5 months ago

what is lif
what is lif

Answers

Answered by NikhilAhire

Answer:

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Explanation:

A life income fund (LIF) is a type of registered retirement income fund (RRIF) offered in Canada that can be used to hold locked-in pension funds as well as other assets for eventual payout as retirement income. A life income fund cannot be withdrawn in a lump sum.

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