401 K

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.

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drtscales
Posts: 1
Joined: Tue Jun 07, 2005 2:05 pm

401 K

Post by drtscales »

I am a canadian ( have lived in US for 5 years under a TN). I had a 401 K from a previous employer ( 27K) . I am considering moving back to Canada next year. Would you recommend I cash in this amount at the beginning of a fiscal year and start fresh in Canada, roll this into an IRA, or leave it as is until retirement and then deal with the international taxes then?
nelsona
Posts: 18675
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Post by nelsona »

There are already several threads on this subject; not much new to add.

<i>nelsona non grata... and non pro</i>
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