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.
When a Canadian resident changes residency on an RSP with TD Waterhouse Canada, does the RSP get transferred to TD Waterhouse USA? Wouldn't that make it a US product with IRS issues? My impression is that the RSP has to remain with TD Waterhouse Canada.
Answer to my question: The RSP remains with TD Waterhouse Canada; and does not move to the US. Let's just say, there was an uninformed advisor providing misguided information.
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