Search found 3 matches
- Mon Apr 16, 2012 11:41 am
- Forum: Canada / United States Tax & Accounting
- Topic: start work as TN in US and tried to set up retirement plan
- Replies: 1
- Views: 1881
start work as TN in US and tried to set up retirement plan
I started working as TN in US, and planed stay as this situation for 10 years before moving back to Canada. Based on this year salary, I may earn 150,000 per year. What my best retirement plan is in term of reduce tax now and reduce tax in the future. Should I contribute more 401(k) or Roth 401 each ...
- Fri Aug 13, 2010 1:14 pm
- Forum: Canada / United States Tax & Accounting
- Topic: 401k question with an example
- Replies: 5
- Views: 6792
401k question with an example
I saw a lot of discussion regarding what we should do for 401k when Canadian decided move back to Canada. I am still kind of confusion. Is anybody could help me to calculate what is the best way for me? How much I have to pay on US tax, Canada tax, penalty or any other charges? If my situation as ...
- Tue Jul 08, 2008 1:03 pm
- Forum: Canada / United States Tax & Accounting
- Topic: What should I do with my 401(k) before I move back to Canada
- Replies: 1
- Views: 2580
What should I do with my 401(k) before I move back to Canada
I worked in US for 10 years under TN status. Now I planed to move back to Canada. How could I do with my 401(k) to get less tax paid? how much of tax should I expect to pay?