According to this Workopolis article more Canadians are leaving their jobs than ever. There are many trends that have shifted in the past few decades that make more frequent job transitions inevitable.
Job transitions require you to make some important choices, and with deadlines looming, you may feel pressure to choose hastily. We can help you pinpoint critical information, weigh your options and confidently choose your best options.
For more information see this article on Transition Planning.
Locked-in Retirement Plans
If you are entitled to a vested pension benefit under a pension plan, each job transition may provide you with an opportunity to transfer your pension to a vested and locked-in registered plan. At retirement, these funds would be rolled into one or more of the locked-in maturity options designed to provide you with a lifetime income.
Tim Eastwood, CFP®, CIM®, FCSI