About a year ago, I received a call from someone who had found my website. He was in a panic because he had just moved back to Canada and was now receiving a $60,000 tax bill from the U.S. Ken…
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Video: Collecting Canadian OAS as a U.S. Resident
A couple of years back I was presenting a Cross-Border webinar in which I discussed the Canadian Old Age Security (OAS) benefit. A few minutes after the webinar, a lady called me in a panic. She was 70 years old, recently retired, and…
Video: Collecting Your Canada Pension (CPP) as a U.S. Resident
In this video, we discuss the following: - CPP basics for U.S. residents - The Windfall Elimination Provision (WEP) reduction - Strategies for maximizing your CPP and Social Security
Video: Canadian Account Withdrawals For U.S. Residents
RRSP and LIRA Withdrawal Strategies for U.S. Residents
4 Planning Strategies During a Market Correction
As you probably know, the stock market is experiencing the first bear market (20% correction in the S&P 500) since 2009. Although we have had a historic stock market run over the past 10 years, it doesn’t make these drops…
The Misleading “Guaranteed Rate of Return” on an Annuity
“Can you guarantee an 8% rate of return like the annuity salesman?” I have had a variation of this question a hundred times in my planning career. The minute I get the question my blood starts to boil, hairs raise…
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The Medicare Mistake That Could Cost You Thousands
I’ve been working with a family for years and finally this year they have decided to pull the trigger and retire. Both will retire now that they are 65, and we spent a lot of time discussing healthcare, and specifically…
Read More The Medicare Mistake That Could Cost You Thousands
The Bucket Retirement Investment Strategy
The goal in retirement is to have an investment strategy that creates a steady stream of income while minimizing downside risk. Yet, the strategy needs to be aggressive enough in which your account can grow and keep up with inflation.…
Michigan Retiree: Get a Bigger Tax Refund
Anyone who does their own taxes has been there before. The moment you input all of your taxes, hit the submit button, and close your eyes and hope that you don’t owe money. Taxes are pretty simple. Have enough withheld…
The Exit Tax When Moving from the U.S. to Canada
Interested in moving to, or moving back to, Canada from the United States? I was recently speaking with a client that moved to the U.S. from Canada because of a “six-month” job assignment. Twenty years, three jobs, and four different…