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LIRA conversion options are different from the RRSP conversion optionsbecause, unlike anRRSP, a LIRA A. can be bought and sold. B. is required to provide

LIRA conversion options are different from the RRSP conversion optionsbecause, unlike anRRSP, a LIRA

can be bought and sold.

is required to provide an income for life.

is restricted to certain income groups.

cannot be converted to a life annuity.

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