Can a LIRA be transferred to an RRSP with no contribution room in Ontario?

Money locked inside a LIRA can feel frustratingly out of reach, and a common question is whether you can move it into an RRSP when you have no contribution room left. For Ontario residents the answer is often yes, and Allan explains why: because the funds originally came from a pension, the move counts as a transfer rather than a fresh contribution, so room is not required and no new deduction is created. He walks through the mechanics, including converting the LIRA to a LIF first to unlock a portion, the tight window to act, and the form involved, along with the situations that can allow more to come out. He also weighs choosing an RRSP versus a RRIF, since a RRIF can open the door to pension income splitting and the pension tax credit. Helpful for anyone holding locked-in pension money and wondering what flexibility they actually have.