Strategies for Canadians with U.S. retirement plans
tax deferral of their IRA, 401(k) plan and Roth IRA. 5. balances once they return to Canada, just as they would if they were still U.S. residents. 6. Continuing tax deferral isn’t automatic. Canadian plan owners must file an election each year with their Canadian tax returns to defer tax on their IRA and 401(k) plan balances. ................
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