>> I'd be interested in where you got your mis-information
Thanks. Not sure Iagree it is misinformation at this point
One place I got it is the link just below. But I recall seeing it in multiple places.
https://www.taxintl.com/potential-pitfalls-for-canadians-with-a-roth-ira.html#:~:text=Also%2C ...
Search found 2 matches
- Sat Sep 02, 2023 2:16 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian Departure tax and Roth IRA strategy
- Replies: 3
- Views: 1967
- Sun Aug 13, 2023 4:46 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian Departure tax and Roth IRA strategy
- Replies: 3
- Views: 1967
Canadian Departure tax and Roth IRA strategy
Best I can understand is there is some uncertainty whether the assets in a Roth IRA are subject to Canadian departure tax even though there is a clear option to elect to defer taxation in Canada (and therefore in the same cases as the US not be taxed).
So I have an idea for a strategy: (More than 5 ...
So I have an idea for a strategy: (More than 5 ...