Serbinski Accounting Firms

Thank you. I'll investigate TD Waterhouse before our RBC meeting. (We're in Canada now, so direct access should be easy.) On 2.) I was concerned that the IRS would deem a transfer to a RRIF would be considered 100% cash-in, which apparently it's not. Just taxable when withdrawn each year. We've been...

Interesting discussion. I have an appointment soon with a "retirement specialist" at RBC to turn my long-ignored RRSP into a RRIF. He sounded like a seasoned veteran, but he was almost sure I had to convert my investments to GICs when converting my RRSP mutual funds to a RRIF, since non-re...

My head is spinning. Canadian ex-pats for "decades", living in the U.S., RRSPs sat there quietly all this time, no further contributions after leaving Canada. I tried filling out a "play" Section 217 return before I file a NR5 for "better" tax treatment on lump-sum RRSP...

You're correct, RBC is incorrect: [url] http://www.cra-arc.gc.ca/ebci/nrtc/star ... do?lang=EN [/url] which leads to [url] http://www.cra-arc.gc.ca/ebci/nrtc/welcomeSubmit.do [/url]

25% for lump sum, 15% for periodic. Time to play with NR5 and 5013-R

My research continues...

Yes, we've been filing TDF 90 ever since we moved here (1979), and 8891 for at least 15 years, + or -. The nice lady at the RBC RRSP office put me on hold to check with someone "in the know" and came back with the 15% on RRSP lump sum withdrawals - I'm also querying our Cdn. local branch c...

This may be an old question but here goes. Ex-pats living in Texas for 30+ years. Dual U.S. - Canadian citizens. Wanting to start taking lump RRSP withdrawals this year. Was told the bank withholds 15% NRT. Then I heard that if we file a Form NR5 we can apply to have that rate reduced. At the end of...