Search found 2 matches

by egres
Thu Jul 04, 2019 1:05 am
Forum: Canada / United States Tax & Accounting
Topic: 401K withholding rate for Canadian resident
Replies: 2
Views: 1909

401K withholding rate for Canadian resident

Hello,
I am a Canadian resident with a 401K from previous employment in the US. I tried to cash out on my 401K, but stopped when I was assessed 30% withholding by the plan administrator. My expectation was 15% withholding for a Canadian resident. After contacting the plan administrator, I received ...