U.S.-Canadian cross-border retirement planning.
The Tax Adviser › Vol. 23 Nbr. 2, February 1992
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Summary
American and Canadian citizens, under the free trade agreement between the two countries, may be reassigned to jobs outside their home country and earn pension benefits or retirement funds in the country where they are working. If they elect to retire in their new country they need to plan for the distribution and status of their retirement benefits. Various scenarios and pertinent rules to be applied in such situations are presented.
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U.S.-Canadian cross-border retirement planning.
The United States and Canada have a free trade agreement in place that allows the unrestricted movement of goods and services across their borders. This free mobility has created situations in whi...
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