H1b and Social Security


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DesiTiger   
Member since: Aug 03
Posts: 1205
Location: Mississauga

Post ID: #PID Posted on: 04-04-05 15:44:58

Hi All,

I'm sure that most of you who have worked in the US are familiar with the one of the Biggest Scams in history currently being run by the US Social Security Administration, the "Tax Payn' No Gain" for h1b pros.

My questions is, if somebody has worked on H1b for say 4 years and moves to Canada as a PR, do they lose their Social Security credits earned in the US or can they transfer them to the Canadian version of the Social Security system? Do they have an option to "encash" these credits?

Thanks

DT


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Smiley   
Member since: Mar 03
Posts: 1185
Location: USA

Post ID: #PID Posted on: 04-04-05 16:29:05

u will benefit from those 4 years of working in US. You will get a certain part of social security when you turn 69 as canada has a treaty with US but if you went to India , you would lose them


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raajen   
Member since: Sep 03
Posts: 434
Location: Canada

Post ID: #PID Posted on: 04-04-05 19:44:59

Hi,

Follow the link

http://www.sdc.gc.ca/en/isp/pub/ibfa/usa-i.shtml

to understand Social Security agreement between Canada and USA.





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