LIRA unlock estimator

What this is

How much of a locked-in account can you free up?

A LIRA (Locked-In Retirement Account) holds money transferred out of an employer pension, and provincial rules limit access. The most common pathway is a one-time ~50% unlock to a regular RRSP/RRIF when you convert at retirement; small balances can often be unlocked in full. This estimates which applies to you.

• ·Standard 50% unlock: most provinces allow up to half the balance out at LIF conversion (min age: ON 55, AB/BC 50).
• ·Small-balance unlock: balances under roughly 40% of the YMPE (~$29,840 in 2026) can usually come out in full.
• ·Quebec is stricter: standard unlocking is generally not available before age 65.