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.
IRA, 401K has 10% early distribution penalty, how about RRSP? If distribute before 59 1/2 years old, except the 25% foreign tax withholding, does it need to pay IRS 10% penalty?
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