InvestmentsEditor’s pick
What to do with your 401(k) once you live in Canada
Many people still hold a 401(k) or 403(b) after relocating to Canada and are unsure of their options. There are four, and one of them is clearly better than the rest.
All topics / Investments
Investments
Retirement accounts, brokerage rules, currency and what each country thinks of the other’s products.
Articles (5)
InvestmentsEditor’s pick
IRA to Canada: the four most common options
If you have an IRA and you’re moving to Canada, you may be wondering if and how you can bring it with you, and what tax or penalty would be involved. Here are the four most common routes.
Investments
IRA to Canada: a how-to guide to rollovers (works for 401(k)s too)
Been asked to find a new investment firm for your IRA or 401(k) because you live in Canada? What a rollover is, the 60-day rule, why you were asked to leave, and how it can be done without tax.
Investments
Transferring an IRA or 401(k) to an RRSP: is it a good idea?
It can be done, but it starts with cashing out and paying up to 30% withholding tax. Here is how the transaction works, when a CPA might recommend it, and the far simpler alternative.
Investments
Americans living in Canada: U.S. retirement accounts and the “orphaned” client
Most U.S. broker-dealers are not registered to do business in Canada, so Canadian residents with an IRA, Roth or 401(k) are often asked to leave within 30 to 90 days. Here is what that means and the way out.
Have a situation like this one?
Tell us what you need and we will introduce you to a professional who works across the border every day.