Search found 4 matches

by petersj
Tue Jun 03, 2008 1:14 pm
Forum: Canada / United States Tax & Accounting
Topic: 401K vs RRSP
Replies: 9
Views: 7506

Thanks, good information.
by petersj
Tue Jun 03, 2008 12:28 pm
Forum: Canada / United States Tax & Accounting
Topic: 401K vs RRSP
Replies: 9
Views: 7506

1. have they verified that they can do this with their 401(k) trustee? Good question I will need to ask.
2. What about employer matching in either case? The $12K is the employer match.
3. Are you going to be working once you are in canada? Yes, I am transfering back with the same company.
by petersj
Tue Jun 03, 2008 11:15 am
Forum: Canada / United States Tax & Accounting
Topic: 401K vs RRSP
Replies: 9
Views: 7506

my employer will make a contribution of $12,000 to either my 401K before I leave the US or to my RRSP when I arrive in Canada.
by petersj
Tue Jun 03, 2008 10:44 am
Forum: Canada / United States Tax & Accounting
Topic: 401K vs RRSP
Replies: 9
Views: 7506

401K vs RRSP

In Oct I will move back to Canada after a 4 year stay in the US. My employer has given me the option of contributing to my 401K prior to my departure or to my RRSP upon my arrival in Canada. RRSP limit is not an issue. Which is the better choice?