Yes, I realise it can be confusing, but all we have to indicate the name and type of the account is the header of the table and it's already a pretty long description. There's more opportunity in the detailed yearly reports to change the description of the account. Or we could add a note in the Warnings column. I'll see what I can do to make it clearer.
The TIME MACHINE calculates the maximum withdrawal for the LIF depending on your age, province, and account balance at the end of the previous year. It won't let you withdraw any more than that, so you don't need to worry about that. For a LIRA not yet converted, it won't let you withdraw anything unless your are 65 or over. This is to mostly to allow partial conversions to take advantage of the $2000 pension tax credit, and also because it knows that if you really need the money you would have converted the account. It still won't let you take out more than the maximum calculated as if LIF though.
Your welcome! It's my pleasure.