RRSP/LIRA withdrawal by non resident
Moderator: Mark T Serbinski CA CPA
Re: RRSP/LIRA withdrawal by non resident
Thanks @Cdninga. I'm going back to my financial advisor at ScotiaMcLeod. I want to get the same as you - wire transfer directly to my US bank.
Re: RRSP/LIRA withdrawal by non resident
jcyr wrote:
> Time has finally come to withdraw Canadian retirement funds as a
> non-resident living in the US. Is this information given in 2014 still
> accurate?
>
> "I'll put aside the issue of "waiting" to take SS/CPP/OAS
> for now.
>
>
> Studies I've done indicate that for one living in US, it is best to take
> CPP as early as possible, before taking SS. That is another story.
>
Could you kindly elaborate on the studies that you have done wrt taking CPP as early as possible? I’m a dual citizen, US resident turning 65 this month. Planning to delay SS until I turn 70, but wonder about CPP timing. I recognize a WEP impact eventually. What has you taking CPP ASAP?
Thx.
> Time has finally come to withdraw Canadian retirement funds as a
> non-resident living in the US. Is this information given in 2014 still
> accurate?
>
> "I'll put aside the issue of "waiting" to take SS/CPP/OAS
> for now.
>
>
> Studies I've done indicate that for one living in US, it is best to take
> CPP as early as possible, before taking SS. That is another story.
>
Could you kindly elaborate on the studies that you have done wrt taking CPP as early as possible? I’m a dual citizen, US resident turning 65 this month. Planning to delay SS until I turn 70, but wonder about CPP timing. I recognize a WEP impact eventually. What has you taking CPP ASAP?
Thx.