Search found 3 matches

by thegarnetgroup
Fri Jun 23, 2006 1:05 pm
Forum: Canada / United States Tax & Accounting
Topic: Investment suggestions for IRA once back in Canada
Replies: 20
Views: 18774

I'm a Canadian working with RBC Dain Rauscher. I can tell you we allow Canadians to hold and trade IRA accounts. I would also suggest that if you've been contributing in a 401k it would be a good idea to roll those asstes into your IRA.
by thegarnetgroup
Wed Mar 01, 2006 2:06 pm
Forum: Canada / United States Tax & Accounting
Topic: 401 withdrawl into Canada
Replies: 6
Views: 6790

401k withdrawal into Canada

I would contact the Plan Sponsor and ask them what % they will withhold if you take the full withdrawl. One question - Are you a US Citizen?
by thegarnetgroup
Wed Mar 01, 2006 1:40 pm
Forum: Canada / United States Tax & Accounting
Topic: 401K strategy for Canadian layed off in US and returning
Replies: 6
Views: 6444

BSayar
1) If you roll your current 401K into an IRA it will not be problem to change the allocation.