Blog List


• Moving to Canada With a Health Savings Account (HSA) - What You Need To Know
• Qualifying for Both Social Security and CPP - What You Need to Know
• What happens to an RRSP when a client relocates to the U.S.?
• Choosing A U.S. Resident as Your Executor Requires Caution
• A Guide to Rolling Your 403b into an IRA
• Discounted Bonds vs. GICs: Maximizing After-Tax Returns
• Reasons to Consider transferring your 401k to a Rollover IRA
• Social Security, CPP and OAS: What Happens When You Have Worked on Both Sides of the Border
• Cross-Border Wealth Management: Five Things To Know Before Moving From Canada to the U.S.
• Moving from Canada to the United States with Canadian Investment Accounts
• Comprehensive Reporting and Investment Expertise for Americans in Canada
• The Raymond James Advantage – Comprehensive Tax Reporting for U.S. Persons Residing in Canada
• Understanding Gift Tax: Your Obligations and When it Applies
• Consolidating Your TIAA Account
• Inheriting a Roth IRA: What You Need to Know
• The Thrift Savings Plan (TSP)
• The Top 5 Reasons to Keep Your IRA Instead of Transferring to an RRSP
• 60(j) Transfer: Should You Transfer Your U.S. Qualified Plan to an RRSP?
• What to Do as a U.S. Individual Inheriting Canadian Dollars
• The Implications of Using a U.S. Address on Investment Accounts When Moving Abroad
• Are you considered a Covered or Uncovered Expatriate?
• Required Minimum Distributions: FAQ
• Crossing Borders and Maximizing Investments: Navigating Your Finances
• Employee Stock Ownership Plan (ESOP): What you need to Know
• Restricted Stock Units (RSUs): A Comprehensive Guide
• FBAR (Foreign Bank Account Report): Top things to know about FBAR
• Why incorporated Business Owners should consider an Individual Pension Plan (IPP)
• BACKDOOR ROTH IRA – What Is It & When Does It Make Sense
• California Residents: Your Canadian retirement savings accounts DO NOT Grow Tax Free
• Understanding Inherited IRAs
• What To Do With Your U.S. Taxable Investment Accounts When You Become A Canadian Resident
• Why You Should Work with A Cross Border Financial Adviser
• Roth IRA: Moving To Canada with your Roth IRA
• Mistakes to Avoid When Moving to Canada
• U.S. Person Buying a Home in Canada
• Passive Foreign Investment Company (PFIC) and Why You Should Avoid Them
• 401(k) to IRA Rollover

Moving to Canada With a Health Savings Account (HSA) - What You Need To Know
04.12.2024 // Markets & Investing

Written by Carson Hamill CIM®, CRPC®, Associate Financial Advisor & Assistant Branch Manager & Dean Moro BComm, CIM®, Associate Portfolio Manager

A common question we get asked is what happens to a Health Savings Account (HSA) when a person moves to Canada from the United States. In this blog, we’ll discuss the implications of moving to Canada with an HSA and strategies to minimize the tax burden of these accounts as a tax resident of Canada.

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Qualifying for Both Social Security and CPP - What You Need to Know
04.02.2024 // Markets & Investing

Written by Carson Hamill CIM®, CRPC®, Associate Financial Advisor & Assistant Branch Manager & Dean Moro BComm, CIM®, Associate Portfolio Manager

The question often arises for Canadians who have worked in both Canada and the U.S.: What is the best approach for collecting benefits from both the CPP and Social Security? Which factors need to be considered, and is there a preferred order for claiming these benefits? What is the Windfall Elimination Provision (WEP) and how do I utilize both Social Security and CPP payments? This blog seeks to shed light on these queries and offer guidance.

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What happens to an RRSP when a client relocates to the US
03.28.2024 // Cross Border

Written by Carson Hamill CIM®, CRPC®, Associate Financial Advisor & Assistant Branch Manager & Sonya Dolguina CPA, CPA (IL)

Carson and Sonya were featured in The Globe and Mail to write an article about how, if a Canadian tax resident ceases residency and relocates to the U.S., retaining their Registered Retirement Savings Plan (RRSP) or Registered Retirement Income Fund (RRIF), a clear understanding of tax rules in both countries is required. CLICK HERE to visit The Globe and Mail website and read.

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