How to withdraw money from an Individual Investment Account (IIA)

Withdrawal of funds will result in the automatic closure of the Individual Investment Account (IIA). If you close the account early, you will have to return the tax deduction received and pay penalties. The exception is transferring funds from an IIA-3 for expensive medical treatment. In this case, the account will remain open and the right to the tax deduction will be preserved

To withdraw money from an Individual Investment Account (IIA):

1. Go to the Investments section → Profile

2. Click Withdraw money

3. Select Individual Investment Account (IIA) → specify the amount

4. Click Transfer

5. Confirm the transaction with a code or biometrics