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by dbazar
Tue Nov 02, 2004 3:56 pm
Forum: Canada / United States Tax & Accounting
Topic: IRA Rollover to RRSP
Replies: 1
Views: 5086

IRA Rollover to RRSP

Person, age 60 is Cdn resident US Citizen.
US Pension Income USD 35K.
Cdn Empl Income CAD 40K.
IRA Account Bal. USD. 400K.

A US tax "expert" in Toronto has told them that for a "fee", they will tell them how to make period IRA withdrawals, roll to an RRSP and coincidentally eliminate Canadian tax ...