Search found 4 matches

by frank2012
Thu Mar 19, 2015 7:36 pm
Forum: Canada / United States Tax & Accounting
Topic: What to do with my IRA account after leaving US?
Replies: 9
Views: 10368

Thank you all for your replies! I talked to another IRA people at TD Ameritrade, and he said I can keep my IRA account over there after I change my address to Canada. The first person I talked to was not very knowledgeable, he had to check the documents and asked around when he was answering my ques...
by frank2012
Mon Mar 16, 2015 3:31 pm
Forum: Canada / United States Tax & Accounting
Topic: What to do with my IRA account after leaving US?
Replies: 9
Views: 10368

What to do with my IRA account after leaving US?

Hi, I have been working in US for a few years, and am thinking about moving back to Canada later this year. I have a traditional IRA account with TD Ameritrade, and would like to leave the money over there. I talked to an IRA expert at TD Ameritrade, and this is what I was told. After I change to Ca...
by frank2012
Fri Apr 19, 2013 7:44 am
Forum: Canada / United States Tax & Accounting
Topic: 401 contribution & deduction in Canada
Replies: 2
Views: 2391

Thanks, I will take a closer look!
by frank2012
Wed Apr 17, 2013 7:53 pm
Forum: Canada / United States Tax & Accounting
Topic: 401 contribution & deduction in Canada
Replies: 2
Views: 2391

401 contribution & deduction in Canada

Hi, I have a question about 401k contribution and deduction in Canada. I commute to work in USA for a US company. Let's say, I made a contribution of $10,000 to my employer's 401k plan in 2012. My RRSP deduction limit is $12,000. I understand that I can deduct $10,000 on T1 Line 207. After some calc...