Search found 3 matches
- Sun Feb 05, 2006 4:03 pm
- Forum: Canada / United States Tax & Accounting
- Topic: New IRS RRSP Form 8891 available @ IRS.gov - Post Q's here
- Replies: 45
- Views: 35143
RRSP cashing
Nelson, thanks for all of your posts to the various RRSP questions. I've read them and am just a little unclear how to treat the redemption of my RRSP. I am Canadian and have been living in the US for 5 years, and decided to redeem my RRSP (about 20K USD) this year. I have no Canadian income (and do...
- Mon Mar 28, 2005 9:31 am
- Forum: Canada / United States Tax & Accounting
- Topic: keeping 401k and IRA after moving to canada
- Replies: 53
- Views: 43804
- Fri Mar 25, 2005 1:14 pm
- Forum: Canada / United States Tax & Accounting
- Topic: keeping 401k and IRA after moving to canada
- Replies: 53
- Views: 43804
On this topic, I am also considering moving back to Canada (I am a Canadian citizen) and am also wondering what to do about my 401k. Does it not make sense to remove it from 401k status prior to relocating, pay the US taxes and the 10% penalty on the notion that it will still be cheaper than paying ...