How CPP Impacts Your Spouse’s U.S. Social Security Benefit

Recently, I got a pretty basic question on the website. Well, what seemed basic enough. Does WEP also apply to a Canadian who lived in the US, never  worked in the US, but collects Social Security spousal benefits due to having an ex-husband who did work in the USA? I have some good news and I have some even better news. WEP will probably not … Continue reading How CPP Impacts Your Spouse’s U.S. Social Security Benefit

CPP Spousal and Survivor Benefits in the U.S.

An interesting question came up the other day while meeting with a family. Will my wife get part of my CPP benefit now or if I were to die first? Here in the U.S., typically if you qualify for a social security benefit, your spouse qualifies for a benefit as well. Even if your spouse never worked or paid into social security. This would include … Continue reading CPP Spousal and Survivor Benefits in the U.S.

Taxation of Your RRSP, RRIF, CPP, and OAS in the U.S.

Many retirement accounts, different country pensions, exchange rates, and multiple tax rates. Working both in the U.S and Canada sure does make things complicated. However, if you are retiring here in the U.S., your tax situation is much more favorable than retiring in Canada. Here, I want to summarize the taxation of all of the different retirement accounts (RRSP, RRIF, and TFSA) as well as … Continue reading Taxation of Your RRSP, RRIF, CPP, and OAS in the U.S.

U.S. Retiree Medical Benefits for Canadians

You’ve probably heard the rumors. In order to get an MRI in Canada you need to travel 2,000 miles via dogsled. Months to see a doctor, and once you see a doctor, he doesn’t know what he’s doing. In order for a Canadian to get adequate healthcare, they have to come here to the U.S. Well, none of this is true, and most of us … Continue reading U.S. Retiree Medical Benefits for Canadians