This is our main tax information forum which deals with topics concerning Canadians living and working in the U.S., U.S. citizens contemplating working in Canada, and all aspects of Canadian and U.S. income tax and related adminstrative issues.
is it generally agreed now post protocol that a US citizen with an exisiting Roth IRA that moves to Canada and becomes a resident can maintain all of the original benefits of the Roth IRA (assuming no future contributions after the move)?
i.e. the money will continue to grow tax free post move and all withdrawals post 59 1/2 are tax free?
That is certainly the way I read the protocol, and I and my spouse have opened Roths accordingly.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best