LIRA vs. RPP

Preparing for life after work. RRSPs, RRIFs, TFSAs, annuities and meeting future financial and psychological needs.

LIRA vs. RPP

Postby Apolinarius » 14 Jun 2012 06:17

What is the difference between an employer sponsored pension (RPP-registered pension plan) and Locked-in retirement account (LIRA)?

What is the difference in reporting?

From what I can gather, RPP is not reported on FBAR and 8891. It is reported on 8938.
But, LIRA is reported on FBAR, 8891, and 8938.

Is that correct?
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