Tax Implications of Withdrawals from a Life Income Fund (LIF) Withdrawals from a LIF are treated as taxable income in the year they are received. This means that, like with other forms of ...

Investopedia / Joules Garcia A fund is a pool of money that is allocated for a specific purpose. A fund can be established for many different purposes: a city government may set aside money to ...

A lifecycle fund is a fund (commonly a mutual fund) that is automatically adjusted during its life to match an ... so bonds are an appropriate means of preserving capital near retirement.