The RRSP Tax Trap When You Leave Canada (25% Gone?)
Blueprint Financial
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The RRSP Tax Trap When You Leave Canada (25% Gone?)
6 604 просмотра · 4 месяца назад
Blueprint Financial
61,6 тыс. подписчиков
6 604 просмотра · 4 месяца назад
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Free guide — 7 CRA tax traps when leaving Canada: https://blueprintfinancial.ca/exit-ca...
Email: info@blueprintfinancial.ca
You're moving abroad and you've got one thing you can't figure out. Your RRSP. Cash it out? Leave it? Convert it to a RRIF? Bring it with you somehow?
At Blueprint Financial, we answer this every day, and it comes down to 4 decisions in the right order. But first, an important question.
Explore these links:
Where Should You Pull Funds from First in Retirement in Canada?: • Where Should You Pull Funds from First in ...
Blog Post: https://blueprintfinancial.ca/your-rr...
Chapters:
00:00 Introduction
00:17 Should You Collapse Your RRSP If You Leave Canada?
02:03 Decision One, Where You Live
05:12 Decision Two, How You Take the Money Out
07:04 Decision Three, Where You Hold Your RRSP
09:29 Decision Four, the Override Option
11:09 The Pre-Departure Checklist
Disclaimer: The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Neither Christopher Liew nor Blueprint Financial provide specific investment recommendations. For investment advice, please consult a registered professional. This channel is not responsible for any investment actions taken by viewers based on these videos.