Avoid Costly Mistakes Moving Your IRA to Canada

Podcast Episode #1 – Moving your IRA to Canada

29 October 17
Crossing the 49th Podcast

Episode #1 – Moving your IRA to Canada – Cross Border Tax and Financial Planning Podcast

In this episode we discuss your options related to transferring your IRA or 401k to Canada. Options discussed include:

  • Withdrawing the IRA as a lump sum
  • Leaving the IRA in the US
  • Transferring the IRA to an RRSP
  • Converting the IRA to a Roth IRA (before moving to Canada)

You can subscribe to our Expat Tax podcast on Apple Podcasts here.

For more information on Phil Hogan or to reach Phil directly please visit http://Hutheson.ca/phil

Email: phil@hutcheson.ca
Phone: 250-661-9417

Phil Hogan, CPA, CA, CPA (Colorado)

Phil Hogan is a Canadian and US CPA working with clients throughout Canada and the US. Phil advises on cross border tax and financial planning matters. Phil can be reached at phil@beaconhillwm.ca or via telephone at 778.433.1314. You can also read more about Phil at www.Beaconhillwm.ca/team/about-phil/

To book a complementary cross-border consultation with our team (limitations apply), please click here: https://beaconhillwm.ca/get-started-now/

This commentary reflects the personal opinions, viewpoints and analyses of the Beacon Hill Wealth Management Ltd. partner providing such comments, and should not be regarded as a description of advisory services provided by Beacon Hill Wealth Management Ltd. or performance returns of any Beacon Hill Wealth Management Ltd. client. The views reflected in the commentary are subject to change at any time without notice. Nothing in this commentary constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Beacon Hill Wealth Management Ltd. manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Any discussion about taxation is for educational purposes only and should not be viewed as professional advice. Consult your tax professional for tax advice on your particular situation.

    blog-img
    How to File US Tax...
    blog-img
    Everything you Need to Know...
    blog-img
    How are US pensions taxed...
    blog-img
    Import Your Car from the...
    blog-img
    ROTH IRA for Canadians and...