DB Pension Plan - Transfer to locked-in RRSP?
Have a very small DB pension plan with Rogers as an ex employee. Commuted value is about $15,000. When I asked if it was indexed they told me it was an ‘Ad Hoc’ pension plan but didn’t seem able to give me much more information than that.
Weighing out whether to transfer to a locked-in RRSP at Scotia (edit: thinking of investing the locked-in RRSP through Scotia itrade into something like VOO) and invest for the next 30 or so years OR leave it in the DB pension plan?
I am fairly new to personal finance, especially pension plans, so any friendly advice is welcomed. Thank you!
u/4bidden4ruit — 3 days ago