Hopefully an easy question:
If I have two rrsp accounts - let's say an sdrsp at TD Waterhouse and another through my SEC licensed broker - are there any restrictions on transferring investments between the two accounts after I have moved to the US?
transferring between two rrsp accounts while a us resident
Moderator: Mark T Serbinski CA CPA
In non-RRSP world, the broker would have to have a pre-existing relationship with you (and be licensed in your state).
No such pre-existing relationship is needed for RRSP. This becomes purely up to the recieving broker. As long as he is licensed in your state, he can accept the transfer.
No such pre-existing relationship is needed for RRSP. This becomes purely up to the recieving broker. As long as he is licensed in your state, he can accept the transfer.
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