by Wilton Chan B. Comm., CFP® | May 17, 2016 | Retirement Planning
Canada Pension Plan: To Elect or Not to Elect, That is the Question Whether or not to take Canada Pension Plan (“CPP”) benefits early, before the normal retirement age of 65 years old, has always been a pressing question for Canadians. (Americans face the same...
by Bram C. Lucht, B. Comm., F.Pl. | Apr 29, 2016 | Retirement Planning, Tax Filing Requirements
The Canada-US border is the longest undefended border in the world. Over one million Canadians live in the US, and a similar number of Americans live in Canada. Since there is so much crossover, it would make sense for Canada and the US to recognize the tax-exempt...
by Jonah Ravel B.A., F.Pl., CFP® (Canada), CFP® (US) | Apr 7, 2016 | Retirement Planning, Tax Planning
As most of us have heard by now, Canada’s Liberal government decided to roll back the 2016 Tax-Free Savings Account (TFSA) contribution limit to $5,500, which was the limit in 2014 before the Conservative government increased it to $10,000 in 2015. As cross border...
by Matt C. Altro and Jonah Ravel | Sep 24, 2015 | Estate Planning, Immigration, Retirement Planning, Tax Filing Requirements, Tax Planning
In our globally connected world with the competition for foreign talent becoming ever fiercer, global mobility is on the rise. Recognizing the need to develop global leadership, many companies are sending key employees on international assignments, leading to an...
by Jonah Ravel B.A., F.Pl., CFP® (Canada), CFP® (US) | Sep 9, 2015 | Health Coverage & Insurance, Retirement Planning
Canadians planning to move to the U.S. and live out their retirement years in a warmer climate may wonder what will happen to all the mandatory contributions they made throughout their careers to either the Canada Pension Plan (CPP) or the Quebec Pension Plan (QPP)....
by Matt C. Altro and Wilton Chan | Jun 4, 2015 | Immigration, Retirement Planning
Spending time in the US may lead to US tax obligations Many Snowbirds spend the winter in the US Sunbelt to escape the harsh Canadian weather. In fact, roughly 82% of Florida’s vacationers are Canadian snowbirds. Are you one of them? If so, you may be subject to tax...
