IRA to RRSP?


Jump to Page:
< Previous  [ 1 ]  [ 2 ]    Next >



dimple2001   
Member since: Apr 04
Posts: 2873
Location: Western Hemisphere

Post ID: #PID Posted on: 08-08-13 16:21:50

You won't have any penalties as long as you are not contributing while you are a US non-resident. Trading within, to grow should not be an issue.

Also, you will end up paying taxes at some time (now or at retirement). Now might carry an additional 10% tax, while 59.5 would not.


-----------------------------------------------------------------
Dimple2001




Jump to Page: < Previous  [ 1 ]  [ 2 ]    Next >

Discussions similar to: IRA to RRSP?

Topic Forum Views Replies
RRSP ( 1 2 )
Accounting and Taxation 2427 7
Understanding Canadian Tax
Accounting and Taxation 2170 1
You Might Be a Desi If............... ( 1 2 3 ... Last )
Life 9627 54
retirement PLANNING, LIFE Insuraance
Insurance 1711 0
Top Eight Reasons NOT to immigrate to Canada ** ( 1 2 3 ... Last )
Jobs 65435 324
Foreign Exchange Tutoring ( 1 2 3 ... Last )
Business 42155 224
Top Eight Reasons NOT to immigrate to Canada ( 1 2 3 4 )
Moving Soon 9241 27
Nine ways to save on taxes using RRSPs ( 1 2 3 )
Financial Planning 6375 19
Sticky: RRSP 101 (All RSP questions answered) ( 1 2 3 ... Last )
Tax benefits for Canadian Residents
Financial Planning 131176 121
Sticky: All Home Hunters Unite! ( 1 2 3 ... Last )
Real Estate & Mortgages 68198 201
spouser RRSP verses Own RRSP
Financial Planning 2299 3
Lease agreement- Problem at the end of lease ( 1 2 3 )
Real Estate & Mortgages 9232 20
tax deduction
Financial Planning 2295 6
Forex / Currency Trading - Strategies from vasrious sources ( 1 2 )
Business 5290 9
Income Tax-RRSP Vs Charitable Donations ( 1 2 3 4 )
Financial Planning 8948 25
Unused RRSP ( 1 2 )
General 4071 7
TFSA ( 1 2 )
Financial Planning 2561 7
Should i contribute to my or my wife's RRSP (long term planning)
Accounting and Taxation 1855 4
The Best Answers to Tough Interview Questions ( 1 2 3 4 )
Jobs 10488 24
Yahoo Article. 10 Reasons You Shouldn't Retire
Financial Planning 2021 2
Fighting Grow Op menace and protecting your investment and community
Real Estate & Mortgages 3435 2
TN Visa to Green Card ( 1 2 3 4 5 )
USA 9564 31
What to do with RRSP? Need advice ( 1 2 3 ... Last )
Financial Planning 19715 44
quesiton on buying business of convenience store ( 1 2 3 4 )
Business 8798 22
Rs 500 and Rs 1,000 notes pulled out of circulation immediately in India ! ( 1 2 3 ... Last )
Our Native Country! 31620 220
 


Share:
















Advertise Contact Us Privacy Policy and Terms of Usage FAQ
Canadian Desi
© 2001 Marg eSolutions


Site designed, developed and maintained by Marg eSolutions Inc.