Life Income Funds (LIF)

Reap the benefits of your retirement strategy


Account Highlights

When you retire, continue to invest your portfolio in the Canadian and US markets by converting your LRSP or LIRA into a self-directed income fund in Canada.

  1. Keep your momentum
    Build your locked-in money with tax-deferred investments while drawing a regular income.

  2. Control the outcome of your retirement income
    If you hold a Locked-in RSP (LRRSP) or a Locked-in Retirement Account (LIRA), convert your account to a LIF or LRIF no later than the year you turn 71.
  3. Also available:
    Locked-In Retirement Income Funds (LRIF)*
    Restricted Locked-In Retirement Income Funds (RLIF)*

Pick the Canadian and US securities that seek to provide you income security

  1. Stocks
    Trade on Canadian and US markets, including TSX, NASDAQ, and NYSE

  2. Mutual Funds
    Invest in Canadian and US mutual funds, including D-Series and TD e-Series Funds®
  3. ETFs
    Equity, bond or commodity exchange-traded funds.

  1. Fixed Income
    Selected investments include bonds and other fixed-income products.

  2. GICs
    Secure investments that promise a defined amount at the end of their term.


Open an account online – it's fast and easy

Whether you're new to self-directed investing or an experienced trader, we welcome you.

  • Apply online

    It's easy to open a cash, margin, RSP, or TFSA account.

  • Call us

    We're here for you. Monday to Friday, 7 am to 8 pm ET

    1-800-465-5463 1-800-465-5463
  • Book an appointment

    Let's chat, face-to-face at a TD location convenient to you.


Have a question? Find answers here