Search found 2 matches

by Taxman23
Thu Sep 25, 2025 9:33 am
Forum: Canada / United States Tax & Accounting
Topic: Roth 401(k) - Canadian resident contributions?
Replies: 3
Views: 687

Re: Roth 401(k) - Canadian resident contributions?

Thank you for the reply, very helpful.

I see your point. There is a reference in 1.27 of the folio to filing an election when no employer contributions are made. Despite the fact 1.28 clarifies that the entire plan would be an EBP so long as the employer contributes to the regular 401(k), there is ...
by Taxman23
Wed Sep 24, 2025 1:40 pm
Forum: Canada / United States Tax & Accounting
Topic: Roth 401(k) - Canadian resident contributions?
Replies: 3
Views: 687

Roth 401(k) - Canadian resident contributions?

The IRS recently announced 401(k) catch-up contributions must be allocated to a Roth 401(k) for high income earners ($145k+) starting Jan 1, 2026.

I'm curious how this may impact Canadian residents with US Roth 401(k)s. My understanding was that CRA did not treat Roth 401(k) plans like Roth IRAs ...