Quote:
Originally Posted by OilKiller
Yup, that's what we will have to do. Any advice as to where to go from here? How do we take it and invest it elsewhere? Not sure what we do with it now.
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Basically you open a LIRA at an institution you choose and then transfer the funds into it (you just fill out a couple of forms). You can invest it in basically anything that you can for an RRSP. One of the main advantages of your own account as compared to a group plan is the options that you have. A lot of group plans only give a few options and a lot of the options are not that great (IMO).
Like I said though, if you need some help feel free to PM me. I won't give you the hard sell or anything...just offer some advice or answer your questions if you like.