Do you know that the failure to file a single tax report can result in $10,000 a year in penalties? This is just one of many mistakes that we see cross-border retirees make, which can lead to financial hardship. In…
Read More Avoid These 5 Costly Cross-Border Financial Mistakes!
Many of our clients tell us how they moved to the States 20 years ago on a "temporary" work assignment. Now, they are planning to move back home, but financially, things have gotten much more complicated. They have retirement accounts…
Organize Your Cross-Border Retirement Cross-border planning can be confusing. You have retirement accounts and benefits in two countries, taxes you must plan for in two jurisdictions, and an unpredictable exchange rate. We have created this checklist so that you can…
After living in the U.S. for the past ten, twenty, or thirty years, the last thing you probably want to do is start filing Canadian tax returns again. The good news is that most income sources from Canada do not…
Read More Do I Need to File a Canadian Tax Return Living in the U.S.?
"My RRSP has been stuck in Canada for over 20 years. What can I do about it?" This is a common question we receive when going through a cross-border retirement plan. In this video, we discuss the best RRSP withdrawal…
Read More What Should I Do With My C$350,000 Canadian RRSP in the U.S.?
A recent bill proposed in the House would potentially eliminate Social Security benefits for families that leave the U.S. and are not U.S. citizens. This has caused many people to ask if they should get their U.S. citizenship. Today, we…
Read More Should a Canadian Green Card Holder Get U.S. Citizenship?
A new Bill (H.R. 1547) proposes eliminating Social Security benefits for non-U.S. citizens. We discuss the ramifications for Canadians who have worked in the U.S., who may be impacted, and potential planning strategies. Watch the video here: https://youtu.be/ERrgwF8bvCQ Need More…
In January 2025, WEP was officially eliminated retroactively to 2024. Today, we received more information regarding when your Social Security Benefit will be adjusted, when to expect your retroactive lump sum payment, and what you need to do next. https://youtu.be/Suo5J8CZBq8…
As a cross-border retiree, health insurance can be one of the most stressful parts of retiring in the U.S. In this video, we discuss your health insurance options if you retire after age 65 and before 65. We also discuss…
Read More U.S. Health Insurance Options for Cross-Border Retirees
In this version of Ask a Cross-Border Financial Advisor, we receive a question about taxes on RRSP withdrawals in the U.S. https://youtu.be/YiH1c5ksu0g Need More Help? Are you interested in working with a financial planner who specializes in cross-border financial planning?…
Read More What is the Tax Withholding on Canadian RRSP Withdrawals in the U.S.?
